Exercise 14-21 (Algorithmic) (LO. 3) Heather owns 800 shares of Diego Corporation common stock for which she paid $16,000. She receives a nontaxable stock dividend of so shares of preferred stock on her common stock. The fair market values on the date of distribution of the preferred stock dividend are 340 a share for common stock. and $200 a share for preferred stock. What is Heather's basis in the common and preferred shares? Round any division to two decimal places and use rounded values in subsequent computations. If required, round your final answers to the nearest dollar. Heather's basis for the common stock is 1 x and 1 X for the preferred stock. Feedback * Check My Woek