October 10, the stockholders' equity section of Sherman Systems appears as follows. Common stock-$10 par value, 82,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 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 remaining treasury shares on November 25 for $34 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. $ 820,000 266,000 944,000 $ 2,030,000 Required 1 Required 2 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 remaining treasury shares on November 25 for $34 cash per share. View transaction list Journal entry worksheet < 1 2 3 Record the purchase of 6,000 shares of its own common stock for $35 cash ner share Show less & 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 remaining treasury shares on November 25 for $34 cash per share. View transaction list Journal entry worksheet < 1 3 Record the reissue of 1,250 shares of the treasury stock for $41 cash per share. Note: Enter debits before credits. Transaction b. General Journal Debit Credit Clear entry Record entry View general journal > 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 remaining treasury shares on November 25 for $34 cash per share. View transaction list Journal entry worksheet 2 Record the reissue of the remaining shares of the treasury stock for $34 cash per share. Note: Enter debits before credits. Transaction C General Journali Debit Credit Record entry Clear entry View general journal Required 1 Required 2 > Show less A