At the beginning of Year 1 you invested $400,000 in exchange for 400 shares of ABC, Inc. ABC is an S corporation and, including your 400 shares, has exactly 1,000 shares issued and outstanding (i.e., yours plus 600 others).

During Year 1 you received cash distributions from ABC totaling $75,000. You later received a K-1 from ABC reporting your share of ABCs $200,000 Year 1 taxable income.

During Year 2 you received cash distributions from ABC totaling $90,000. You later received a K-1 from ABC reporting your share of ABCs $187,500 Year 2 net operating loss.

During Year 3 you received cash distributions from ABC totaling $200,000. You later received a K-1 from ABC reporting your share of ABCs $400,000 Year 3 taxable income.

After all of the above, what is your adjusted tax basis in your 400 shares of ABC? $________