Trace Artwork and make Tansparent. Save in Illustrator CS, EPS and JPG High Res

I need the following done to the attached JPG images: 1) Sharpen the drawings 2) Trace/outline the drawings 3) Make the traced area a black fill 4) Knock out the background between the traced areas so they appear transparent except for the black area. 5) I need each files then saved in Illustrator CS (save as a downward compatible file to the older version CS), 6) I also need an EPS transparent and a High Resolution JPG of each file. Please chat if you have questions and i will award the bid immediately