The equity sections from Atticus Group's 2016 and 2017 year-end balance sheets follow. Stockholders' Equity (December 31, 2016) Common stock-$4 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $140,000 100,000 340,000 Total stockholders equity 580,000 Stockholders' Equity (December 31, 2017) Common stock-$4 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($30,000 restricted by treasury stock) $164,800 162,000 420,000 746,800 (30,000) Less cost of treasury stock Total stockholders' equity $716,800 The following transactions and events affected its equity during year 2017. 5 Declared a $0.60 per share cash dividend, date of record January 10 Jan Mar. 20 Purchased treasury stock for cash Apr July July 31 Declared a 208 stock dividend when the stock's market value was $14 per share. Aug. 14 Issued the stock dividend that was declared on July 31. 5 Declared a $0.60 per share cash dividend, date of record April 10 5 Declared a $0.60 per share cash dividend, date of record July 10 5 Declared a $0.60 per share cash dividend, date of record October 10 Oct. 4. What is the per share cost of the treasury stock purchased? Cost per share