At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $10,300 and liabilities of $6,900. During the year, liabilities decreased by $3,100, and net assets at the end of the year were $3,800. 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.) Assets = Liabilities + $ 10,300 = $ 6.900 (1,100) + Stockholders' Equity PIC RE $ 0 + $ 3,400 0+ 3,100+ Net income 300 - Dividends Beginning Changes 3700 0 Ending $ 3,800 $ $ 5,800+ 8,600 = At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $10,300 and liabilities of $6,900. During the year, liabilities decreased by $3,100, and net assets at the end of the year were $3,800. 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.) Assets = Liabilities + $ 10,300 = $ 6.900 (1,100) + Stockholders' Equity PIC RE $ 0 + $ 3,400 0+ 3,100+ Net income 300 - Dividends Beginning Changes 3700 0 Ending $ 3,800 $ $ 5,800+ 8,600 =