At the beginning of its current fiscal year, Willie Corp.s balance sheet showed assets of $12,300 and liabilities of $5,700. During the year, liabilities decreased by $1,100. Net income for the year was $2,400, and net assets at the end of the year were $6,900. There were no changes in paid-in capital during the year. Required: Calculate the dividends, if any, declared during the year. Stockholders Equity Assets = Liabilities + PIC + RE Beginning: $12,300 = $5,700 + $0 + Changes: = (1,100) + 0 + Ending: = + 0 +