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-$5 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 $ 200,000 160,000 360,000 $ 720,000 Stockholders. Equity (December 31) Common stock-$5 par value, 100,000 shares authorised, 47,200 shares issued, 4,000 hares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($50,000 restricted by treasury stock) $ 236,000 210,400 400.000 846,400 (50,000) $ 796, 400 Lens coat of treasury stook Total stockholders' equity The following transactions and events affected its equity during the year. January 5 Declared a $0.60 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. Aprils Declared a $0.60 per share cash dividend, date of record April 10. July 5 Declared a $0.60 per share cash dividend, date of record July 10. July 31 Declared a 208 stock dividend when the stock's market value was $12 per share. August 14 Tosued the stock dividend that was declared on July 31. October 5 Declared a $0.60 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