At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $14,800 and liabilities of $6,700. During the year, liabilities decreased by $1,400. Net income for the year was $3,450, and net assets at the end of the year were $8,950. 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 + $ 14,800 = $ Stockholders' Equity PIC RE $ 0 + $ 8,100 0 + Beginning: Changes: 6,700 + (1,400) + E Ending: 0+