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Newly formed 55.1 iron Corporation has B5, 000 shares of 55 par common stock a wtherized. On Mareb 1, Year 1,58J vun arued to ooo

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Newly formed 55.1 iron Corporation has B5, 000 shares of 55 par common stock a wtherized. On Mareb 1, Year 1,58J vun arued to ooo shaves of the itock for 512 per shave On Mar 2, the corrpany bsued an additional t9.500 shares for $21 per share 56.1 lron was not. affected by other events during year 1 Required A. Arcord the transactions in a horyontal statements model in the Cash flow colmth indicate whilether the itemi is an operating activity (OA), investing activity (iA), or foncing sctivity dis, if an element was not adected by the event, leave the celf blank. b. Determine the amount 56. s lign would report for cominon stock on the December 31. Yea l. bwance sheel. c. Deterimine the amount 56 . luon would report for paid in capital in evceis of oan d. What is the total anount of capital contibyled by the owners? -. What arrount of total aisett wodad 36 diron report on the December 31 . Year i balance wheef? Camylete Hbis questien try entering pour anwwers in the tabs helow. Witivity (FA). If an element was not allected by the event, lewve the cet biank. Nexly formed 58.3 kon Corporation has 85,000 shares of 55 par common stock authorited. On March 1. Year 1. 5.J lron issued 10.000 shares of the rtock for 512 pet share. On May 2 , the company issued an addnionat 19500 sheres for $21 per share. 561 lion was not: affected by other events during Year 1 Required a. Pecord the transactions in a norizontal statements modef. In the Cash flow colurn, indicate whether the ifem is an opelating Activity 0A, investing activity (IA, or financing activity (FA) If an element was not affected by the event, femve the ceif blank. b. Determine the amount SS. lron would report for common stock on the December 31 , Vesor 1 , balance theet. c. Delermine the amount se.j fron would report for paid th capital in excess of pat. d. What is the total amount of capinal contibuted by the onners? e. What amount of total assets vould 55 J tron fepoet on the Decenter 3t Year 1, balance sheer? Camplete this questien by entering your answers in the tabs below. f. Detarmine the amount 5NJ Iron woudd report for comman stock on the Pecember 34, Year 1, balance sheef. 5. Determine the ambont sBJ tren would report for paid-in cesital in excesa of par: if. What is the total ampoint of capital contributed by the oeners? A. What amount of total assats weild SEy tron report on the December 34 , Year 1. balance sheet

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