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On October 10, the stockholders' equity section of Sherman Systems appears as follows. Common stock-\$10 par value, 92,000 shares authorized, issued, and outstanding paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $920,000316,0001,024,000$2,260,000 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,000 shares of its own common stock at $45 per share on October 11 . b. Sold 1,500 treasury shares on November 1 for $51 cash per share. c. Sold all remaining treasury shares on November 25 for $44 cash per share. Journal entry worksheet Record the purchase of 7,000 shares of its own common stock for $45 cash per share. Note: Enter debits before credits. Record the reissue of 1,500 shares of the treasury stock for $51 cash per share. Note: Enter debits before credits. Record the reissue of the remaining shares of the treasury stock for $44 cash per share. Note: Enter debits before credits. Prepare the stockholders' equity section after the October 11 treasury stock purchase