1. Prepare joumal entries to record the following transactions for Sherman Systems. a. Purchased 5,500 shares of its own common stock at $30 per share on October 11 b. Sold 1125 treasury shares on November 1 for $36 cash per shore. c. Sold all remaining treasury shares on November 25 for $29 cash per share. 2. Prepare the stockholders' equity section ofter the October 11 treasury stock purchase. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare joumal entries to record the following transactions for Sherman Systems. a. Purchased 5,500 shares of the own common stock at $30 per share en October 11 b. Sold 1,125 treasury shares on November 1 for $36 cath per share. c. 5 old all remaining treasury shares on November 25 for $29 cash per share