The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31 follow. 4 of 5 Stockholders' Equity (January 1) Common stock-$6 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $240,000 200,000 340,000 $780,000 Book Stockholders' Equity (December 31) Common stock-$6 par value, 100,000 shares authorized, 47,400 shares issued, 3,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($30,000 restricted by treasury stock) Print rences $284,400 Less cost of treasury stock Total stockholders' equity 244,400 400,000 928,800 (30,000) $899.00 The following transactions and events affected its equity during the year Jan. 5 Declared a $0.50 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 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 200 stock dividend when the stock market value was $12 per share. Aug. 14 Issued the stock dividend that was declared on July 11. Oet. 5 Declared a $0.50 per share cash dividend, date of record October 10. 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places Cost per share