Common stock$$$$10$ par value, $79,000$ shares authorized, issued, and outstanding $ $790,000$

Paid$-$in capital in excess of par value, common stock $251,000$

Retained earnings $920,000$

Total stockholders$$ equity $ $1,961,000$

Prepare journal entries to record the following transactions for Sherman Systems.

Purchased $5,700$ shares of its own common stock at $$32$ per share on October $11.$

Sold $1,175$ treasury shares on November $1$ for $$38$ cash per share.

Sold all remaining treasury shares on November $25$ for $$31$ cash per share.

Prepare the stockholders' equity section after the October $11$ treasury stock purchase.