On August 21, the stockholders' equity of Locker Systems appears as follows. Common stock-$10 par value, 80,000 shares authorised, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 800.000 260.000 710,000 $1,770,000 Prepare journal entries to record the following transactions for Locker Systems. a. Purchased 8,000 shares of its own common stock at $22 per share on September 4. b. Sold 3,000 treasury shares on September 21 for $27 cash per share. c. Sold all remaining 5,000 treasury shares on October 10 for $18 cash per share. Complete this question by entering your answers in the tabs below. Required 1 Prepare journal entries to record the following transactions for Locker Systems. a. Purchased 8,000 shares of its own common stock at $22 per share on September 4. b. Sold 3,000 treasury shares on September 21 for $27 cash per share. c. Sold all remaining 5,000 treasury shares on October 10 for $18 cash per share. Show less View transaction list Journal entry worksheet Saved View transaction list Journal entry worksheet 1 2 3 306 Record the purchase of 8,000 shares of its own common stock for $22 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal Saved View transaction list Journal entry worksheet