1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5.200 shares of its own common stock at $27 per share on October 11 b. Sold 1,050 treasury shares on November 1 for $33 cash per share. c. Sold all remaining treasury shares on November 25 for $26 cash per share. 2. Prepare the stockholders' equily section after the October 11 treasury stock purchase. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased $,200 shares of its own common stock at $27 per share on October 11 . a. Purchased 5,200 shares of its own common stock at $27 per share b. Sold 1,050 treasury shares on November 1 for $33 cash per share. b. Sold 1,050 treasury shares on November Nover 25 for $26 cash per share. c. Sold all remaining treasury shares on Nover a. Purchased 5,200 shares of its own common stock at $27 per share on October 11 . b. Sold 1.050 treasury shares on November 1 for $33 cash per share. c. Sold all remaining treasury shares on November 25 for $26 cash per share. 2. Prepare the stockholders equity section after the October 11 treasury stock purchase. Complete this question by entering your answers in the tabs below. Prepare the stockholders' equity section after the October 11 treasury stock purchase