Exercise $11-13($Algo$)$ Recording and reporting treasury stock transactions LO P$3$

On October $10,$ the stockholders' equity section of Sherman Systems appears as follows.

$\backslash$table$[[$Common stock$-$ $$10$ par value, $73,000$ shares authorized, issued, and outstanding,$$730,000*******$ PLEASE PREPARE THE $3$ JOURNAL ENTRIES AND REVISED STOCKHOLDERS EQUITY$*******$