Check my 14 Exercise 13-12 Recording and reporting treasury stock transactions LO P3 On October 10, the stockholders' equity of Sherman Systems appears as follows. 2.71 points 02:34:13 Common stock-$10 par value, 95,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 950,000 331,000 1,048,000 $2,329,000 eBook Hint 1. Prepare journal entries to record the following transactions for Sherman Systems. Print References a. Purchased /,300 shares of its own common stock at $48 per share on October 11. b. Sold 1,575 treasury shares on November 1 for $54 cash per share. c. Sold all remaining treasury shares on November 25 for $43 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. Required 1 Required 2 Prepare journal entries to record the following transactions for Sherman Systems W