At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $13,600 and liabilities of $5,000. During the year, liabilities decreased by $800. Net income for the year was $2,350, 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 + Beginning: | $ 13,600 = $ 5,000| + Changes: (800) + Stockholders' Equity PIC + RE $ 0 + $ 8,600 0/+ Ending: $ 13,600 = $ 4,200 + ssets = 13,600 = Liabilities + $ 5,000 + (800) + Stockholders' Equity PIC + RE $ 0 + $ 8,600 0+ 13,600 = | $ 4,200 + - Dividends - Net income + Dividends + Net income