CyberMax Stockholders Equity (Before purchase of Treasury Stock) Common stock $10 par, 10,000 shares authorized and issues: $100.000 Retained earnings 25,000 Total stockholders equity $125,000 On May 1, CyberMax purchases 1,000 of its own shares for $11.50. 1. Prepare the journal entry to record the purchase of the treasury stock. 2. Prepare the stockholders equity section after the purchase of the treasure stock