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Prepare a statement of stockholders' equity for Hulu Incorporated for the year ended December 3 1 using the following data. Note: Amounts to be deducted

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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.
\table[[\table[[Hulu Incorporated],[ctatomont of Stnckholders' Equity]]],[Statement of Stockholders' Equity],[,,,,,],[,Common Stock,\table[[Paid-In Capital in],[Excess of Par]],\table[[Retained],[Earnings]],\table[[Treasury],[Stock]],Total Equity],[Beginning balance],[Net income],[\table[[Net income],[Issuance of common stock]]],[Purchase of treasury stock],[Cash dividends],[Ending balance,,,,,]]
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