At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $13,300 and liabilities of $6,100. During the year, liabilities decreased by $1,400. Net income for the year was $3,500, and net assets at the end of the year were $8,100. 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: $ 13,300 $6,100 $ 0. Changes (1,400) 0+ Ending