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Adam bought 100 shares of blue Sun for $50 per share. The transaction fee was $200. In 2019 the company paid a nontaxable dividend of

Adam bought 100 shares of blue Sun for $50 per share. The transaction fee was $200. In 2019 the company paid a nontaxable dividend of $2 per share, when he reinvested in stock. When he sold the stock, he held 110 shares of Blue Sun. What is his basis in each share?

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