8. Tropical Co. declared a cash dividend of S30,000. This transaction includes a(n) Question 8 (0.6 points) 6 1 8. Tropical Co, declared a cash dividend of $30,000. This transaction includes a(n) 8 9 increase to Retained Earnings of $30,000, 10 decrease to Cash Dividend Payable of $30,000 decrease to Cash of $30,000 decrease to Retained Earnings of $30,000