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Here are the stockholders' Equity accounts and balances from the records of Brett Corporation: Preferred Stock, cumulative, 30,000 shares authorized $12 par $300,000 Common Stock,
Here are the stockholders' Equity accounts and balances from the records of Brett Corporation:
Preferred Stock, cumulative, 30,000 shares authorized $12 par $300,000
Common Stock, 400,000 shares authorized, 360,000 shares issued 720,000
Treasury Stock (10,000 shares, common stock) 180,000
Use this information to answer the following question. What was the average price paid per share for the treasury stock?
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