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Exercise 1 3 - 1 9 ( Algo ) Preparing a statement of stockholders' equity LO C 3 1 0 Prepare a statement of stockholders'

Exercise 13-19(Algo) Preparing a statement of stockholders' equity LO C3
10
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 $700 for Common Stock, $10,500 for Paid-In Capital in Excess of Par, and $21,200 for Retained Earnings.
Reported net income of $41,200
Issued common stock, which increased common stock by $100 and increased the Paid-In Capital in Excess of Par by $4,100
Purchased $7,200 of treasury stock
Declared and paid $5,200 of cash dividends.
\table[[Hulu Incorporated],[Statement of Stockholders' Equity],[For Year Ended December 31],[,Common Stock,\table[[Paid-In Capital in],[Excess of Par]],\table[[Retained],[Earnings]],\table[[Treasury],[Stock]],Total Equity],[Beginning balance],[Net income],[Issuance of common stock],[Purchase of treasury stock],[Cash dividends],[Ending balance,,,,,]]
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