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Capital Gain Income Last month, your grandfather passed away and left you 500 shares of Apple stock. On the day he passed away, the stock

 Capital Gain Income Last month, your grandfather passed away and left you 500 shares of Apple stock. On the day he passed away, the stock was worth $189 per share. He purchased the shares for $73 per share in 2009, and today, the shares are priced at $196. Calculate the basis of the stock you inherited.

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