Complex sentence: Korn contacted the Pee Chee file folder company and asked for permission to use the file folder's image for an album cover, offering twenty thousand dollars ($20,000), resulting in the company turning the offer down.
Split into simpler sentences: Korn contacted the Pee Chee file folder company and asked for permission to use the file folder's image for an album cover. Offering twenty thousand dollars ($20,000), resulting in the company turning the offer down.