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3 Required information The following information applies to the questions displayed below John bought 1,350 shares of Intel stock on October 18, 2014, for $37

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3 Required information The following information applies to the questions displayed below John bought 1,350 shares of Intel stock on October 18, 2014, for $37 per share plus a $750 commission he paid to his Part 1 of 3 broker. On December 12, 2018, he sells the shares for $53.00 per share. He also incurs a $1000 fee for this transaction aWhat is John's adjusted basis in the 1,350 shares of Intel stock?

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