Check my work Newly formed S&J Iron Corporation has 108,000 shares of $6 par common stock authorized. On March 1, Year 1, S&J Iron issued 11,000 shares of the stock for $12 per share. On May 2, the company issued an additional 22,000 shares for $19 per share. S&J Iron was not affected by other events during Year 1 Required a. Record the transactions in a horizontal statements model, (In the Statement of Cash Flows column, indicate whether the item is 23an operating activity (OA), investing activity (A), or financing activity (FA). Use NA to indicate that an element was not affected by the event.) b. Determine the amount S&J Iron would report for common stock on the December 31, Year 1, balance sheet. c. Determine the amount S&J Iron 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? Print Complete this question by entering your answers in the tabs below Req A Req B to E actions in a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating acti Record the financing activity (FA). Use NA to indicate that an element was not affected by the event.) S&J IRON COR Horlzontal Statements Model Liabilities Stockholders' EquityR Revenue -Expense Net Income Statement of Cash Event PIC in Cash Prev 1 of 6 Next>