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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 $ $5,000$

Common stock, $$1$ par value $20,000$

Additional paid$-$in capital $575,000$

Total paid$-$in capital $600,000$

Retained earnings $278,000$

Treasury stock, $10,000$ common shares $(220,000)$

Total stockholders' equity $ $658,000$

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?