Early in 2015, Monica purchased 500 shares of Grifton Company common stock for $1 per share. During the year, she received a cash distribution totaling $300 from Grifton.

Her Form 1099-DIV reported that $170 was an ordinary dividend and $130 was a nontaxable distribution. Compute Monica's tax basis in her 500 shares at year-end.

		$500
		$300
		$330
		$370