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The following data has been collected about a company's stockholders' equity accounts: Common stock $10 par value 30,000 shares authorized and 28,000 shares issued $280,000

The following data has been collected about a company's stockholders' equity accounts:
Common stock $10 par value 30,000 shares authorized and 28,000 shares issued $280,000
Contribution capital in excess of par value,common stock Retained earnings 140,000
70,000
Treasury stock,2,800 shares 53,200
The treasury shares were all purchased at the same price. The cost per share of the treasury stock is:

rev: 11_25_2013_QC_41634, 12_21_2015_QC_CS-36452

A) $1.90
B) $2.11
C) $10
D) $6.00
E) $19.00

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