At the beginning of its current fiscal year, Willie Corp.’s balance sheet showed assets of $11,500 and liabilities of $5,600. During the year, liabilities decreased by $1,200. Net income for the year was $3,000, and net assets at the end of the year were $6,700. There were no changes in paid-in capital during the year.
Calculate the dividends, if any, declared during the year. (Negative amounts should be indicated by a minus sign.)