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 $300 for Common Stock, $9,700 for Paid-In Capital in Excess of Par, and $20,000 for Retained Earnings. Reported net income of $40,000. Issued common stock, which increased common stock by $100 and increased the Paid-In Capital in Excess of Par by $2,900. Purchased $6,000 of treasury stock. Declared and paid $4,000 of cash dividends. Hulu Incorporated Statement of Stockholders' Equity For Year Ended December 31 Beginning balance Net income Issuance of common stock Purchase of treasury stock Cash dividends Ending balance Common Stock Paid-In Capital in Excess of Par Retained Earnings Treasury Stock Total Equity