You received partial credit in the previous attempt Common stock-$10 par value, 87,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 870,000 291,000 14.32 points $2,145,000 (8 00:26:06 1. Prepare journal entries to record the following transactions for Sherman Systems a. Purchased 6,500 shares of its own common stock at $40 per share on October 11. b. Sold 1,375 treasury shares on November 1 for $46 cash per share. c. Sold all remaining treasury shares on November 25 for $35 cash per share. View transaction list Journal entry worksheet Record the reissue of the remaining shares of the treasury stock for $35 cash per share. Note: Enter debits before credits