Newly formed S\&J Iron Corporation has 139,000 shares of 55 par common stock authorized, On March 1, Year 1, StJ lron issued 11,500 shares of the stock for $10 per share. On May 2, the company issued an odditional 15,000 shares for $20 per share. $8 J lron was not affected by other events during Yeor 1 . Requlred a. Record the transactions in a horizontal statements model in the Cash Flow column, indicate whether the item is an operating octivity (OA), investing activity (A) or financing octivity (FA). If an element was not offected by the event leave the cell blank. b. Determine the amount S&. 1ron would report for common stock on the December 31, Year 1 , balance sheet. c. Determine the amount S\&. Iron would report for paid In capital in excess of por. d. Whot is the total amount of capital contributed by the owners? e. What amount of total assets would 58 J lron report on the December 31, Year 1 , balance sheet? Complete this question by entering your answers in the tabs below. Record the transactions in a horuontal sarements model. In the Cosh fiow column, indikate whether the item is an operating activiy (OA), investing activity (IA), or financing. activity (FA). If an element was not affected by the event, lewve the ceil black. Newly formed S\& Jiron Corporation has 139,000 shares of $5 par common stock authorized. On March 1, Year 1, S\&J Iron issued 11,500 shares of the stock for $10 per share. On May 2, the company issued an additional 15,000 shares for $20 per share. S\&J lron was not affected by other events during Year 1 . Required a. Record the transactions in a horizontal 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 Jron 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. b. Determine the amount 55J Iron would report for common stock on the December 31 , Year 1 , balance sheet. c. Determine the amount S8J 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 S8J Iron report on the December 31, Year 1, bolance sheet