Bugs McGee receives a 25% nontaxable stock dividend (25 shares) of Roberto Corporation common stock with a fair market value on the date of distribution of $1,000. Bugs previously owned 100 shares of Roberto Corporation common stock which he purchased ten years ago for $8,000.

a. The basis per share of the 25 shares of Roberto Corporation stock is:

b. The new basis per share of the original 100 shares of Roberto Corporation stock is: