On October 10, the stockholders' equity section of Sherman Systems appears as follows. Connon stock-$10 par valve: 4,225 shares authorized, issued, and outstanding Paid in capital in excess of par value common stock Retained earnings Total stockholders' equity $ 750, e 231,000 188.00 $ 1,859,800 1. Prepare journal entries to record the following transactions for Sherman Systems o. Purchased 5.300 shares of its own common stock at $28 per share on October 11, b. Sold 1075 treasury shares on November 1 for $34 cash per share c. Sold all remaining treasury shares on November 25 for $27 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: Required 2 Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 3.300 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 $27 cash per share. Show View transaction list Journal entry worksheet 1 2 3 Record the purchase of 5,300 shares of its own common stock for $28 cash per share. Note: Enter debits before credits Transaction General Fourreal Debit Credit Recorder Clear endry View general journal Complete this question by Required 1 Required 2 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 $27 cash per share. View transaction list Journal entry worksheet Record the reissue of 1,075 shares of the treasury stock for $34 cash per share, Note: Enter debits before credits. General Journal Debit Credit Transaction b Record entry Clear entry View general journal View transaction list Journal entry worksheet >