Why am I not getting these in red right?

Dave Matthew Inc. issues 500 shares of $8 par value common stock and 100 shares of $107 par value preferred stock for a lump sum of $111, 000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $166 each and market price of the preferred is $214 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $192.60 per share