Exercise 11-19 (Algo) Preparing a statement of stockholders' equity LO C3 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 $400 for Common Stock, $11,000 for Paid-In Capital in Excess of Par, and $21,400 for Retained Earnings. - Reported net income of $41,400. - Issued common stock, which increased common stock by $130 and increased the Paid-In Capital in Excess of Par by $4,270. - Purchased $7,400 of treasury stock. - Declared and paid $5,400 of cash dividends