urgent please

The shareholders' equity section for Jazz City Co. on December 31, 2021shows: Preferred shares. $2 cumulative, 30,000 shares issued and outstanding $1,500,000 Common shares, 50,000 shares issued and outstanding 600,000 Retained earnings 500,000 The following transactions are for 2022: 1. January 3 - Issued 10,000 common shares and 3,000 preferred shares for a lump sum of $450,000 cash. The market value of each common share is $20 and the market value of each preferred share is $100 per share. 2. April 5. Repurchased and canceled 8,000 common shares for $20 por share. 3. July 18. Declared the annual dividend on the preferred shares and 50 cents per share on the common shares. 4. August 12. Paid the dividends declared on July 18. 5. September 22 - Accepted subscriptions for 1,000 common shares for a price of $30 per share. A one-third downpayment is received today, with the remainder due on November 1. 6. November 1.. Received the balance of the subscription amount from September 22 Required: Prepare the journal entries to record the above transactions A 7 EE DEBIT CREDIT DATE ACCOUNTS