ved On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 80, 900 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 800,000 256, 000 928,000 $1,984,000 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,800 shares of its own common stock at $33 per share on October 11 b. Sold 1,200 treasury shares on November 1 for $39 cash per share, c. Sold all remaining treasury shares on November 25 for $28 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