At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $10,400 and liabilities of $6,500. During the year, liabilities decreased by $800. Net income for the year was $2,600, and net assets at the end of the year were $4,400. 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: $ 10,400 = $ 6,500 + $ 0+ Changes: = (800) + 0+ Ending: 0+