At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $11,100 and liabilities of $5,200. During the year, liabilities decreased by $1,400. Net income for the year was $3,400, and net assets at the end of the year were $6,700. 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.) Assets = Liabilities + $ 11,100 = $ 5,200 + (1,400) + Stockholders' Equity PIC + RE $ 0 + Changes: - Dividends + Net income Ending