Req A Req B to E Record the transactions in a horizontal statements model. In the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or final activity (FA). If an element was not affected by the event, leave the cell blank. S&J IRON CORPORATION Horizontal Statements Model Income Statement Expense = Net Income Cash Flow Balance Sheet Assets Liabilities + Stockholders' Equity Revenue Event Common PIC in Cash + Stock Excess March 1 May 2 || | || = + + + + = = Req A Req 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? b. Common stock c. Paid-in capital in excess of par d. Total paid-in capital e. Total assets Show less