John bought 1,100 shares of Intel stock on October 18, 2017, for $32 per share plus a $750 commission he paid to his broker. On December 12, 2021, he sells the shares for $45.50 per share. He also incurs a $1,000 fee for this transaction. a. What is John's adjusted basis in the 1,100 shares of Intel stock? Adjusted basis b. What amount does John realize when he sells the 1,100 shares? Sales realization C-1. What is the gain/loss for John on the sale of his Intel stock? Gain Loss C-2. What is the character of the gain/loss? O Short-term capital gain O Long-term capital gain Short-term capital loss Long-term capital loss