On October 10, the stockholders' equity of Sherman Systems appears as follows. $ Common stock-$10 par value, 84,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 840,000 276,000 960,000 $ 2,076,000 1. Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 6,200 shares of its own common stock at $37 per share on October 11. b. Sold 1,300 treasury shares on November 1 for $43 cash per share. c. Sold all remaining treasury shares on November 25 for $32 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. Journal entry worksheet ok Record the reissue of 1,300 shares of the treasury stock for $43 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal Require Required 2 > Journal entry worksheet Record the reissue of the remaining shares of the treasury stock for $32 cash per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Requited 1 Required 2 >