On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 85,000 Shares muthorized, issued, and outstanding Pald-in capital in excess of par value, connon stock Betained earnings Total stockholders equity $ 850,00 281,000 968,000 $2,899,00 1. Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 6,300 shares of its own common stock at $38 per share on October 11 b. Sold 1,325 treasury shares on November 1 for $44 cash per share c. Sold all remaining treasury shares on November 25 for $33 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 journal entries to record the following transactions for Sherman Systems, 3. Purchased 6,300 shares of its own common stock at $38 per share on October 11 1. Sold 1.325 treasury shares on November 1 for $44 cash per share Sold all remaining treasury shares on November 25 for $33 cash per share. Show less View transaction et View journal entry worksheet