At the beginning of the current tax year, Duncan, a 30% owner of Hands On, Inc. (an S corporation), had an adjusted basis of $11,500 in the company's stock. For the tax year, Hands On, Inc., had $119,000 net business income, $33,400 dividend income, and $8,600 income from royalties. The company also had $6,000 in charitable contributions and $7,100 in nondeductible expenses. At the end of the tax year, what is Duncan's adjusted basis in Hands On, Inc.