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pick of options below:

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. 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 1 Required 2 Prepare the stockholders' equity section after the October 11 treasury stock purchase. Revised Equity Section of Balance Sheet After October 11 Total contributed capital Total 0 Total stockholders equity $ Record the purchase of 5,300 shares of its own common stock for $28 cash per share. nces lote: Eniter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal