At the beginning of its current fiscal year, Willie Corp.s balance sheet showed assets of $10,500 and liabilities of $6,200. During the year, liabilities decreased by $1,100. Net income for the year was $2,900, and net assets at the end of the year were $5,100. 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
	Assets	=	Liabilities	+	PIC	+	RE
Beginning:	$10,500	=	$6,200	+	$0	+
Changes:		=	(1,100)	+	0	+
Ending:		=		+	0	+