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6 of 10. Stella owned 20 shares of a mutual fund; her basis was $500. She earned dividends of $400 in 2022, which she reinvested

6 of 10. Stella owned 20 shares of a mutual fund; her basis was $500. She earned dividends of $400 in 2022, which she reinvested to purchase 20 more shares. What is her basis in the investment now? Stella owns: 40 shares at $25 each. 40 shares at $20 each. 20 shares at $25 each and 20 shares at $20 each. 40 shares at $22.50 each. Mark for follow up Next

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