Required information Problem 11-4A (Algo) Analyzing changes in stockholders' equity accounts LO C3, P2, P3 [The following information applies to the questions displayed below.] 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-$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 Total stockholders' equity Stockholders' Equity (December 31) 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 ($40,000 restricted by treasury stock) Less cost of treasury stock 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. April 5 July 5 Declared a $0.60 per share cash dividend, date of record April 10. Declared a $0.60 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $14 per share. Issued the stock dividend that was declared on July 31. Declared a $0.60 per share cash dividend, date of record October 10. August 14 October 5 Problem 11-4A (Algo) Part 4 4. What is the per share cost of the treasury stock purchased? Note: Round your answer to 2 decimal places. $ 140,000 100,000 320,000 $ 560,000 Cost per share $164,800 162,000 440,000 766,800 (40,000) $ 726,800

Required information Problem 11-4A (Algo) Analyzing changes in stockholders' equity accounts LO C3, P2, P3 [The following information applies to the questions displayed bolow] The equity sections for Atticus Group at the beginning of the year (January 1 ) and end of the year (December 31) follow. The following transactions and events affected its equity during the year. January 5 beclared a $0.60 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. Aprit 5 Declared a 50.68 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 20 stock dividend when the stock's market value was $14 per share. August 14 issued the stock dividend that was declared on July 31 . October 5 Declared a $0.60 per share cash dividend, date of record october 10. Problem 11-4A (Algo) Part 4 4. What is the per share cost of the treasury stock purchased? Note: Round your answer to 2 decimal places