Newly formed S&J Iron Corporation has 194,000 shares of $6 par common stock authortzed. On March 1, Year 1, S&J Iron issued 9,500 shares of the stock for $9 per share. On May 2, the company issued an additional 24,500 shares for $20 per share. S&J Iron was not affected by other events during Yeart 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 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 S&J Iron report on the December 31. Year 1, balance sheet? Complete this question by entering your answers in the tabs below. Haq A Reqto E Record the transactions in a horizontal statements model to the statement of Cash Floite column, indicate whether the item in operating activity (OA). Investing activity (IAVE Financing activity (FA). Not all cell require input.) S&J IRON CORPORATION Horizontal Statements Model Balance Sheet Liabides - Stockholders Revenue Common Pic in Stock Income Statement Expense Asses | Not Income Statement of Cash Fiews Event ca Rego)