Newly formed S&J Iron Corporation has 139,000 shares of $5 par common stock authorized. On March 1, Year 1, S&J Iron issued 12,000 shares of the stock for $11 per share. On May 2, the company issued an additional 19,000 shares for $21 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 E Record the transactions in a horizontal statements model. Note: In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activit S&J IRON CORPORATION Horizontal Statements Model Balance Sheet Income Statement Assets Stockholders' Equity Statement of Cash Flows