A 6-foot sub valued at $30 is divided among five players, (P₁, P₂, P₃, P₄, P₅) using the last-diminisher method. The players play in a fixed order, with P₁ first, P₂ second, and so on. In round 1, P₁ makes the first cut and makes a claim on a C-piece. For each of the remaining players, the value of the current C-piece at the time it is their turn is given in the following table:

	P2	P3	P4	P5
Value of the current C-piece	$7.00	$4.50	$7.00	$5.50

Which player gets his or her share at the end of round 1? Select an answer Player 1 Player 2 Player 3 Player 4 Player 5

What is the value of the share to the player receiving it?

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