1 of 3 Required information Problem 7-41 (LO 7-2) (Algo) The following information applies to the questions displayed below) John bought 1.200 shares of Intel stock on October 18, 2017 for $34 per share plus a $750 commission he paid to his broker On December 12, 2021, he sells the shares for $48.50 per share. He also incurs a $1,000 fee for this transaction ebook Problem 7-41 Part-a (Algo) Ask a. What is John's adjusted basis in the 1.200 shares of Intel stock? Phim Adjusted basis terest of Required information Problem 7-41 (LO 7-2) (Algo) [The following formation applies to the questions displayed below) John bought 1,200 shares of Intel stock on October 18, 2017 for $34 per share plus a $750 commission he paid to his broker On December 12, 2021, he sells the shares for $48.50 per share. He also incurs a $1.000 fee for this transaction SON Problem 7-41 Part-b (Algo) b. What amount does John realize when he sells the 1.200 shares? int Sales realization rences 3 Required information Problem 7.41 (LO 7.2) (Algo) The following information applies to the questions displayed below! John bought 1.200 shares of Intel stock on October 18, 2017 for $34 per share plus a $750 commission he paid to his broker On December 12. 2021, he sells the shares for $48.50 per share He also incurs a $1000 fee for this transaction Problem 7-41 Part-c (Algo) c-1. What is the gain/loss for John on the sale of his Intel stock? TE