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! Required information [The following information applies to the questions displayed below) The stockholders' equity section of Velcro World is presented here. VELCRO WORLD Balance

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! 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) (s and shares in thousands) Stockholders' equity: Preferred stock, $1 par value 5, 100 Common stock, si par value 21,000 Additional paid-in capital 624,000 Total paid-in capital 650, 100 Retained earnings 279,000 Treasury stock, 11,000 common shares (253,000) Total stockholders' equity $ 676,100 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

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