D Required information [The following information applies to the questions displayed below.) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance Sheet (partial) ($ and shares in thousands) Stockholders' equity Preferred stock, $1 par value Common stock, $1 par value Additional paid-in capital Total paid in capital Retained earnings Treasury stock, 10,000 common shares Total stockholders' equity $ 5,000 20,000 575,000 600,000 278,000 (220,000) $ 658,000 Based on the stockholders' equity section of Velcro World, answer the following questions, Remember that all amounts are presented in thousands 5. What was the average cost per share of the treasury stock acquired? Average cost per share