John bought 1,300 shares of Intel stock on October 18, 2016, for $36 per share plus...

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John bought 1,300 shares of Intel stock on October 18, 2016, for $36 per share plus a $750 commission he paid to his broker. On December 12, 2020, he sells the shares for $51.50 per share. He also incurs a $1,000 fee for this transaction. a. What is John's adjusted basis in the 1,300 shares of Intel stock? Adjusted basis John bought 1,300 shares of Intel stock on October 18, 2016, for $36 per share plus a $750 commission he paid to his broker. On December 12, 2020, he sells the shares for $51.50 per share. He also incurs a $1,000 fee for this transaction. a. What is John's adjusted basis in the 1,300 shares of Intel stock? Adjusted basis