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-56 par value, 100,000 shares authorized, 40,000 shares issued and outstanding $ 240,000 Paid-in capital in excess of par value, common stock 280,000 Retained earnings 360,000 Total stockholders' equity $ 800,000 Stockholders' Equity (December 31) Common stock-56 par value, 100,000 shares authorized, 47,200 shares issued, 4,800 shares in treasury $ 283,200 Paid in capital in excess of par value, common stock 243,200 Retained earnings (540,000 restricted by treasury stock) 420,00 946,400 Less cost of treasury stock (40,000) Total stockholders' equity $906,400 The following transactions and events affected its equity during the year January 5 Declared a 50.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 5 Declared a 50.50 per share cash dividend, date of record April 10. July 5 Declared a 50.50 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $12 per share. August 14 Issued the stock dividend that was declared on July 31. October 5: Declared a 10.50 per share cash dividend, date of record October 10. Problem 11-4A (Algo) Part 4 ces 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Cost per share 5. How much net income did the company earn this year? Net income