please explain how you got rhe answer. Thanks!

At the beginning of its current fiscal year, Willie Corp.'s balance sheet showed assets of $11,100 and liabilities of $5,400. During the year, liabilities decreased by $1,500. Net Income for the year was $3,100, and net assets at the end of the year were $6,700. 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 $ 11,100 $ (1,500) Beginning Changes Stockholders' Equity PIC RE $ 0+ 0+ 5.400 Ending . 0+