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

Common stock $10 par value, 89,000

shares authorized, issued, and outstanding $ 890,000

Paid-in capital in excess of par value, common stock 301,000

Retained earnings 1,000,000

Total stockholders equity $ 2,191,000

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

A) Purchased 6,700 shares of its own common stock at $42 per share on October 11.

B) Sold 1,425 treasury shares on November 1 for $48 cash per share.

C) Sold all remaining treasury shares on November 25 for $37 cash per share.