On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 75,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings $ 750,000 231,000 888,000 $1,869,000 Total stockholders' equity 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,300 shares of its own common stock at $28 per share on October 11 b. Sold 1,075 treasury shares on November 1 for $34 cash per share c. Sold all remaining treasury shares on November 25 for $23 cash per share