Beginning balances of $800 for Common Stock $10,800 for Paid In Capital in Excess of Par, and $21,600 for Retained Earnings: Reported net income of $41,600, Issued common stock, which increased common stock by $160 and increased the Paid In Capital in Excess of Par by $4440 Purchased $7,600 of treasury stock Declared and paid $5,600 of cash dividends. . Hulu Incorporated Statement of Stockholders' Equity For Year Ended December 31 Pald in Capital in Retained Common Stock Excess of Earnings Treasury Stock Total Equity Beginning balance Not income Issuance of common stock Purchase of treasury stock Cash dividends Ending balance