Wendy Day Kite Company owns 40% of the outstanding stock of Strong String Company. During the current year, Strong String paid a $10 million cash dividend on its common shares. What effect does Strong String's dividend have on Wendy Day's financial statements? (Select "No effect" if none of the categories apply for a particular item. Enter your answer in millions. (i.e., $10,000,000 should be entered as 10).) Answer is complete but not entirely correct. Net income x million No effect No effect Total assets $ 4 million