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 tron 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? Reg A Req 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 acti financing activity (FA). Not all cells require input.) S&J IRON CORPORATION Horizontal Statement Model Balance Sheet Liabilities Stockholders' Equity Rovenue Common PIC in Stock Excess Income Statement Expono Assets Net Income Statement of Cash Flows Event Cash March 1 May 2 +++ Reg Req BloE > Reg A Reg B to E b. Determine the amount S80 Iron would report for common stock on the December 31, Year 1, balance sheeti 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 S8 Iron report on the December 31, Year 1, balance sheet? Show less b. Common stock 0. Pald.in capital in excess of par d. Total paid-in capital 6. Total assets