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

Common stock$10 par value, 77,000 shares authorized, issued, and outstanding: $770,000

Paid-in capital in excess of par value, common stock: $241,000

Retained earnings $904,000

Total stockholders equity $1,915,000

Prepare journal entries to record the following transaction for Sherman Systems.

Sold all remaining treasury shares on November 25 for $29 cash per share