At the beginning of its current fiscal year, Willie Corp.s balance sheet showed assets of $12,600 and liabilities of $6,300. During the year, liabilities decreased by $1,300. Net income for the year was $3,100, and net assets at the end of the year were $7,100. There were no changes in paid-in capital during the year.

Calculate the dividends, if any, declared during the year. (Negative amounts should be indicated by a minus sign.)

At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $12,600 and liabilities of $6,300. During the year, liabilities decreased by $1,300. Net income for the year was $3,100, and net assets at the end of the year were $7,100. There were no changes in paid-in capital during the year. Required: Calculate the dividends, if any, declared during the year. (Negative amounts should be indicated by a minus sign.) Stockholders' Equity AssetsLiabilities PICRE Beginning:$12,6006,300+ 1,300)+ o+ 18,900 0 + Changes Dividends 3,100+Net income 20,700 Ending: $ 12,600!=$ 5,000| + 0