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Newly formed S&J Iron Corporation has 85,000 shares of $7 par common stock authorized. On March 1, Year 1, S&J Iron issued 9,500 shares of the stock for $13 per share On May 2, the company issued an additional 20,000 shares for $20 per share. S&J Iron was not affected by other events during Year 1 Required o. Record the transactions in a hontzontal statements model in the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). If an element was not affected by the event, leave the cell blank b. Determine the amount S&J tron would report for common stock on the December 31, Year 1, balance sheet c. Determine the amount S&J lion would report for paid in capital in excess of par d. What is the total amount of capital contributed by the owners? e. What amount of total assets would S&J Iron report on the December 31. Year 1. balance sheet? Reg A Reg B to E Record the transactions in a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity (OA), inves activity (FA). If an element was not affected by the event, leave the cell blank. SHIRON CORPORATION Horizontal Statements Model Balance Sheet Income Statement Assets Liabilities Stockholders Equity Net Income Revenue Expense Cash Flow Event Common PIC in Casti Stock Excess March 1 Les May 2 (Req Req B to E> Complete this question by entering your answers in the tabs below. Rega Req B to E b. Determine the amount SE) Iron would report for common stock on the December 31, Year 1, balance sheet. c. Determine the amount 58.) Iron would report for pald-in capital in excess of par d. What is the total amount of capital contributed by the owners? e. What amount of total assets would S8) Iron report on the December 31, Year 1, balance sheet? Show less Common stock Paid in capital in excess of par a Total paid in capital e Total assets