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 "old all remaining treasury shares on November 25 for $32 cash per share View transaction list Journal entry worksheet 2 3 Record the purchase of 6,200 shares of its own common stock for $37 cash per share