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17 The equity sections from Atticus Group's 2016 and 2017 year-end balance sheets follow. Stockholders' Equity (December 31, 2016) Common stock $5 par value, 100,000 shares authorized, de,ene shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 200,8ee 160,000 829 998 680,000 rt 4 of 5 27 ints Stockholders' Equity (December 31, 2017) Common stock 5 par value, 100,800 shares authorized, 47,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings (sse,ee0 restricted by treasury stock) $236,000 196,e0e 832,000 50,000 $782,90e Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during year 2017 Jan. 5 Declared a se.s0 per share cash dividend, date of record January 1e. Mar, 20 Purchased treasury stock for cash. Apr. S Declared a se.50 per share cash dividend, date of record July S Declared a se.se per share cash dividend, date of record July 1e July 31 Declared a 20% stock dividend when the stock's market value was Sie per share. Aug. 14 Issued the stock dividend that was declared on July 31 oct. 5 Declared a se.50 per share cash dividend, date of record october 1e April 1e. Problem 11-4A Part 4 4. What is the per share cost of the treasury stock purchased? 3 Answer is complete but not entirely correct. st per shane S 10.00 3