only thing i dont seem to understand is how to calculate the dividends on july 1st and july 31 675000 and 690000 are both incorrect.

Court Casuals has 200,000 shares of common stock outstanding as of the beginning of the year and has the following transactions affecting stockholders' equity during the year. May 18 Issues 25,000 additional shares of $1 par value common stock for $44 per share. May 31 Purchases 5,000 shares of treasury stock for $44 per share. July 1 Declares a cash dividend of $3 per share to all stockholders of record on July 15. Hint: Dividends are not paid on treasury stock. July 31 Pays the cash dividend declared on July 1. August 10 Resells 2,800 shares of treasury stock purchased on May 31 for $49 per share. Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet General Journal Debit Credit No 1 Transaction May 18 1,100,000 Cash Common Stock Additional Paid-in Capital 25,000 1,075,000 2 May 31 220,000 Treasury Stock Cash 220,000 3 Jul 01 690,000 Dividends Dividends Payable 675,000 4 Jul 31 675,000 Dividends Payable Cash 675,000 5 Aug 10 137,200 Cash Treasury Stock Additional Paid-in Capital 123,200 14,000