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On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 79, 080 shares authorized, issued, and outstanding $ 798 , 808 Paid-in capital in excess of par value, common stock 251 , 899 Retained earnings 920, 908 Total stockholders' equity $ 1,961, 809 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5.700 shares of its own common stock at $32 per share on October 11. b. Sold 1.175 treasury shares on November 1 for $38 cash per share. c. Sold all remaining treasury shares on November 25 for $27 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 the stockholders' equity section after the October 11 treasury stock purchase. Revised Equity Section of Balance Sheet After October 11 Total contributed capita Total Total stockholders equity