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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

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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 $400 for Common Stock, $10,400 for Paid-In Capital in Excess of Par, and $20,800 for Retained Earnings. - Reported net income of $40,800. - Issued common stock, which increased common stock by $120 and increased the Paid-In Capital in Excess of Par by $3,680. - Purchased $6,800 of treasury stock. - Declared and paid $4,800 of cash dividends

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