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At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $37,200 and liabilities of $21,000. During the year, liabilities decreased

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At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $37,200 and liabilities of $21,000. During the year, liabilities decreased by $3,600. Net income for the year was $9,000, and net assets at the end of the year were $18,000. There were no changes in paid-in capital during the year. Calculate the dividends, if any, declared during the year. (Deductible amounts should be indicated by a minus sign.)

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