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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 $600 for Common Stock, $10,900 for Paid-In Capital in Excess of Par, and $21,500 for Retained Earnings. - Reported net income of $41,500. - Issued common stock, which increased common stock by $150 and increased the Paid-In Capital in Excess of Par by $4,350. - Purchased \$7,500 of treasury stock. - Declared and paid $5,500 of cash dividends

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