47 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 $10,100 for Paid-in Capital in Excess of Par, and $20,700 fot Retained Earnings Reported net income of $40,700. Issued common stock, which increased common stock by $130 and increased the Paid-In Capital in Excess of Par by $3,570, Purchased $6,700 of treasury stock Declared and paid $4,700 of cash dividends. 10 points 8045723 Hulu Incorporated Statement of Stockholders' Equity For Year Ended December 31 Pald-In Capital in Retained Comm Stock Excess of Par Earnings Treasury Stock Total Equity Beginning balance Net income Issuance of common stock Purchase of treawry stock Cash dividends Ending balance