Required information [The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. Stockholders' Equity (January 1) Common stock-\$6 par value, 100,000 shares authorized, 30,000 shares issued and The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 5 Declared a $0.50 per share cash dividend, date of record April 10 . July 5 Declared a $0.50 per share cash dividend, date of record July 10 . July 31 Declared a 20 o stock dividend when the stock's market value was $14 per share. August 14 Issued the stock dividend that was declared on July 31 . October 5 Declared a $0.50 per share cash dividend, date of record october 10. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.)