Newly formed S&J Iron Corporation has 74,000 shares of $5 par common stock authorized. On March 1, Year 1, S&J Iron issued 11,500 shares of the stock for $12 per share. On May 2, the company issued an additional 16,500 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 poid-in capital in excess of por. 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 Reg B to E 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 SEJ IRON CORPORATION Horizontal Statements Model Balance Sheet Liabilities . Stockholders' Equity Revenue Common Pic in Stock Excess Net Income Expense Statement of Cash Flows Assets Event Cash March 1 May 2 Regto E > Complete this question by entering your answers in the tabs below. Req Reg 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 less b. Common stock c. Pald-in capital in excess of par d. Total paid in capital c. Total assets