The Cameron Co. is paying a dividend of $82 a share today. There are 120,000 shares outstanding with a par value of $1 per share. As a result of this dividend, the retained earnings will decrease by $120,000 retained earnings will decrease by $98, 400 common stock account will increase by $120,000 capital in excess or par value account will decrease by $21, 600 common stock account decrease by $ 98, 400