32.

Prepare a statement of stockholders' equity for Hulu Incorporated for the year ended December 31 using the following data. (Amounts to be deducted should be indicated by a minus sign.) - Beginning balances of $600 for Common Stock, $10,400 for Paid-In Capital in Excess of Par, and $21,000 for Retained Earnings. - Reported net income of $41,000. - Issued common stock, which increased common stock by $130 and increased the Paid-In Capital in Excess of Par by $3,870. - Purchased \$7,000 of treasury stock. - Declared and paid $5,000 of cash dividends