The Following Data Has Been Collected About a Company's Shareholders

The following data has been collected about a company's shareholders' equity accounts: Share Capital - Ordinary $10 par value 20,000 shares
Authorized and 10,000 shares issued, 1,000 shares in
Treasury……………………………………………………… $100,000
Share Premium - Ordinary………………………………………..... 50,000
Retained earnings…………………………………………………… 25,000
Treasury shares……………………………………………………… 11,500
The treasury shares were all purchased at the same price.
The cost per share of the treasury shares is:

A) $1.15.
B) $1.28.
C) $11.50.
D) $10.50.
E) $10.00.