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Newly formed S&J tron Corporation has 189.000 shares of $5 par common stock authorized. On March 1, Year 1, S&.J Iron issued 10,000 shares of

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Newly formed S\&J tron Corporation has 189.000 shares of $5 par common stock authorized. On March 1, Year 1, S\&.J Iron issued 10,000 shares of the stock for $9 per share. On May 2, the company issued an additional 22,500 shares for $22 per share. S\& J Iron was not affected by other events during Year 1 . Required o. 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. Record the transactions in a horizontal statements model. Notet in the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity ( FA) 10,000 shares of the stock for $9 per share. On May 2, the company issued an additional 22,500 shares for $22 per share. S\& J lron 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. b. Determine the amount 58 Iron would report for common stock on the December 31 , Year 1 , balance sheet. c. Determine the amount Sis) tron 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 583 Iron report an the December 31 , Year 1 , balance sheet

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