Required a. Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Not all cells in the "Statement of Cash Flows" column may require an input - leave cells blank if there is no corresponding input needed.) 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. ReqA 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 58 Iron report on the December 31, Year 1, balance sheet? Show less b. Common stock c. Paid-in capital in excess of par d Total paid-in capital 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. Reg A Reg to E Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA (IA), or financing activity (FA). Not all cells in the "Statement of Cash Flows' column may require an input - leave cells blank if there is no corresponding it S&J IRON CORPORATION Horizontal Statements Model Balance Sheet Income Statement Liabilities + Stockholders' Equity Revenue Expense - Net Income Common PIC in Assets = Statement of Cash Flows Event Cash Stock March 1 May 2 Reg to E > Newly formed S&J Iron Corporation has 105,000 shares of $4 par common stock authorized on March 1. Year 1, S&J Iron issued 9,000 shares of the stock for $10 per share. On May 2, the company issued an additional 25.000 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 in the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (1A), or financing activity (FA). Not all cells in the Statement of Cash Flows" column may require an input leave cells blank if there is no corresponding input needed.) 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 belance sheet? Complete this question by entering your answers in the tabs below. Rega Reg to Re Record the transactions in a horizontal statements model in the State activity (LA) o financing activity (FA) Not all the st o f of Flows column indicate whether the item is an operating activity (OA), investing e an veel there is no corresponding nout SKJERON CORPORATION Horizontal Statement Model noe State Stockholders Equity Perve Ex Station of Cash e rcom Assets - Liabilities Required a. Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). Not all cells in the "Statement of Cash Flows" column may require an input - leave cells blank if there is no corresponding input needed.) 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. ReqA 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 58 Iron report on the December 31, Year 1, balance sheet? Show less b. Common stock c. Paid-in capital in excess of par d Total paid-in capital 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. Reg A Reg to E Record the transactions in a horizontal statements model. (In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA (IA), or financing activity (FA). Not all cells in the "Statement of Cash Flows' column may require an input - leave cells blank if there is no corresponding it S&J IRON CORPORATION Horizontal Statements Model Balance Sheet Income Statement Liabilities + Stockholders' Equity Revenue Expense - Net Income Common PIC in Assets = Statement of Cash Flows Event Cash Stock March 1 May 2 Reg to E > Newly formed S&J Iron Corporation has 105,000 shares of $4 par common stock authorized on March 1. Year 1, S&J Iron issued 9,000 shares of the stock for $10 per share. On May 2, the company issued an additional 25.000 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 in the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (1A), or financing activity (FA). Not all cells in the Statement of Cash Flows" column may require an input leave cells blank if there is no corresponding input needed.) 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 belance sheet? Complete this question by entering your answers in the tabs below. Rega Reg to Re Record the transactions in a horizontal statements model in the State activity (LA) o financing activity (FA) Not all the st o f of Flows column indicate whether the item is an operating activity (OA), investing e an veel there is no corresponding nout SKJERON CORPORATION Horizontal Statement Model noe State Stockholders Equity Perve Ex Station of Cash e rcom Assets - Liabilities