At the beginning of its current fiscal year, Willie Corp.s balance sheet showed assets of $11,900 and liabilities of $5,700. During the year, liabilities decreased by $1,300. Net income for the year was $2,850, and net assets at the end of the year were $6,750. 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
	Assets	=	Liabilities	+	PIC	+	RE
Beginning:	$11,900	=	$5,700	+	$0	+
Changes:		=	(1,300)	+	0	+
Ending:		=		+	0	+