8 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. W Beginning balances of $300 for Common Stock, $10,200 for Paid-In Capital In Excess of Par, and $20,500 for Retained Earnings. Reported net Income of $40,500. Issued common stock, which Increased common stock by $120 and Increased the Paid-In Capital In Excess of Par by $3,380. Purchased $6,500 of treasury stock. Declared and paid $4,500 of cash dividends. Hulu Incorporated Beginning balance Net income Issuance of common stock Purchase of treasury stock Cash dividends Ending balance Statement of Stockholders' Equity For Year Ended December 31 Paid-In Capital in Common Stock Excess of Par Retained Earnings Treasury Total Equity Stock