Newly formed S&J Iron Corporation has 139,000 shares of $4 par common stock authorized. On March 1, Year 1, S&J Iron issued 10,500 shares of the stock for $9 per share On May 2, the company issued an additional 15,500 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. 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? Complete this question by entering your answers in the tabs below. Req A Req B to Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating act financing activity (FA). Not all cells require input.) Income Statement S&J IRON CORPORATION Horizontal Statements Model Balance Sheet Liabilities Stockholders' Equity Revenue Common PIC in Stock Excess Assets Expense - Net Income Statement of Cash Flows Event Cash March 1 May 2 Prev 1 of 4 ! Score answer > vivo IUICUI SI SUURIU. W JUIC. Huy Mempurny wwuuu.UUUUUUUUUUIUI was not affected by other events during Year 1. Required a. Record the transactions in a horizontal statements model. 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? Complete this question by entering your answers in the tabs below. Req A Req B to E 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? Show b. Common stock c. Pald-in capital in excess of par d. Total paid-in capital e. Total assets