Vector Logo

I have a png logo that needs to be sharpened so it is not blurry and then converted to a vector file using Adobe Illustrator. Final file submissions should be a (.png) file format and a (.ai) file format. Please see the attached file you will need. I've attached the thumbnail which gets blurry when the logo is enlarged as well.

Please note this is a 24 hour or less job. No additional time will be given for this deliverable.