At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $14,400 and liabilities of $6,000. During the year, liabilities decreased by $1,300. Net income for the year was $3,200, and net assets at the end of the year were $8,900. 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 = $ 14,400 = Stockholders' Equity Liabilities + PIC + RE $ 6,000 + $ 0+ (1,300) + Beginning: Changes: - Dividends + Net income Ending