On October 10, the stockholders' equity of Sherman Systems appears as follows.

Common stock-$10 par value, 94,000 shares

authorized, issued, and outstanding $ 940,000 Paid-in capital in excess of par value, common stock 326,000 Retained earnings 1,040,000 Total stockholders' equity $ 2,306,000

1. Prepare journal entries to record the following transactions for Sherman Systems.

1. Purchased 7,200 shares of its own common stock at $47 per share on October 11.
2. Sold 1,550 treasury shares on November 1 for $53 cash per share.
3. Sold all remaining treasury shares on November 25 for $42 cash per share.

I have gotten this far:

1a.Treasury stock 338,400

Cash 338,4002

b.Cash 82,150

Treasury stock 72,850

Paid-in capital, treasury stock 9,3003

c. Cash

Paid-in capital,

treasury stock 9,300

Retained earnings

Treasury stock