Alpha Company Is Paying a $1

Alpha Company is paying a $1.50 per share dividend today.There are 200,000 shares outstanding with a par value of $1 per share.As a result of this dividend,the:

A) retained earnings will decrease by $300,000.
B) retained earnings will decrease by $150,000.
C) common stock account will decrease by $300,000.
D) common stock account will decrease by $150,000.
E) capital in excess of par value account will decrease by $150,000.