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2 0.83 points Skipped At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $14,600 and liabilities of $6,200.
2 0.83 points Skipped At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $14,600 and liabilities of $6,200. During the year, liabilities decreased by $1,100. Net income for the year was $3,300, and net assets at the end of the year were $9,100. There were no changes in paid-in capital during the year. Required: Calculate the dividends, if any, declared during the year. Indicate the financial statement effect. (Enter decreases with a minus sign to Indicate a negative financial statement effect.) Stockholders' Equity eBook Beginning: Changes: Assets $ 14,600 Liabilities + PIC RE $ 6,200 $ 0+ (1,100) 0+ Hint Ending Pri
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