Julia receives 1,000 shares of Cookery Corporation stock from her grandfather as a wedding present. The shares are selling for $24 per share on the date of the gift. Grandfather paid $8,000 for them 4 years earlier. He pays $3,000 in gift tax on the transfer of the shares to Julia. Note: Do not round any divisions. Round other computations to the nearest whole dollar. a. Julia's basis in the Cookery Corporation shares is $ Feedback b. Two months after her wedding, Julia wants to take a trip to Europe. To get the money for the trip, she sells 400 Cookery shares at $17 per share and pays a $500 commission on the sale. on the sale of the 400 shares and her holding period for the shares is Julia has a gain of $ four years and two months