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

Purchased $7,300$ shares of its own common stock at $$48$ per share on October $11.$

Sold $1,575$ treasury shares on November $1$ for $$54$ cash per share.

Sold all remaining treasury shares on November $25$ for $$43$ cash per share.

Prepare the stockholders' equity section after the October $11$ treasury stock purchase.