13-19

Exercise 13.19 (Algo) Preparing a statement of stockholders' equity LO C3 Prepare a statement of stockholders' equity for Hulu incorporated for the year ended December 31 using the following data Note: Amounts to be deducted should be indicated by a minus sign. - Beginning balances of $400 for Common Stock, $10,000 for Paid-in Capital in Excess of Par, and $20,400 for Retained Earnings. - Reported net incame of $40,400 - Issued common stock, which increased common stock by $100 and increased the Paid in Capital in Excess of Par by $3,300. - Purchased $6,400 of treasury stock - Declared and paid $4,400 of cash dividends. - Declared and paid $4,400 of cash dividends