Common stock-$10 par value, 82,808 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity s 820,8e0 266,980 944,888 $2,83e,888 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 6,000 shares of its own common stock at $35 per share on October 11. b. Sold 1,250 treasury shares on November 1 for $41 cash per share c. Sold all remalning treasury shares on November 25 for S30 cash per share Answer is not complete No Transaction General Journal Debit Credit Treasury stock 210,000 Cash 210.000 Cash | 51.250 Treasury stock Paid-in capital, treasury stock 43,750 7,500 Cash Paid-in capital, treasury stock Retained earnings Treasury stock C. 2. Prepare the revised equity section of its balance sheet after the October 11 treasury stock purchase. Answer is not complete. Revised Equity Section of Balance Sheet After October 11 Total contributed capital Total Total stockholders equity