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 $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 $4,440.

Purchased $7,600 of treasury stock.

Declared and paid $5,600 of cash dividends.