4 On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 77,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings 25 points 770,000 241,000 904,000 $1,915,000 eBook Total stockholders' equity Print References 1. Prepare journal 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 1,125 treasury shares on November 1 for $36 cash per share c. Sold all remaining treasury shares on November 25 for $25 cash per share View transaction list Journal entry worksheet 1 2 3 Record the reissue of the remaining shares of the treasury stock for $25 cash per share