On October 10, the stockholders' equity of Sherman Systems appears as follows Common stock-510 par valus, 70,000 shares authorised, uued, and outstanding Toid-in ospital in exces of par value on stock Metained earning Total stockholders' equity $ 780,000 946.000 912.000 1. Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 5,600 shares of its own common 531 per share on October 11, b. Sold 1150 treasury shares on November 1 for $37 cash per share! c. Sold all remaining treasury shares on November 25 for $26 cash per share 2. Prepare the stockholders' equity section after the October 1 treasury stock purchase Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal anthes to record the following transactions for Sherman Systems a. Purchased 5,600 shares of its own common stock 3 pershare on October 11 b. Solo 1,150 treasury shares on November 1 for $37ch per share Sold all remaining treasury share on November 25 for $26 cash per share Journal entry worksheet Required Required 2 Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 5,600 shares of its own common stock at $31 per share on October 11. b. Sold 1,150 treasury shares on November 1 for $37 cash per share. c. Sold all remaining treasury shares on November 25 for $26 cash per share Show View transaction lit Journal entry worksheet 1 2 3 Record the purchase of 5,600 shares of its own common stock for $31 cash per share Note Enter debits before credits Dobit General Journal Transaction Credit View general Journal Record entry Clan entry