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Ms. Fresh brought 1,000 shares of lbis Corporation stock for $5,000 on January 15 , 2011. On December 31,2021 , she sold all 1,000 shares
Ms. Fresh brought 1,000 shares of lbis Corporation stock for $5,000 on January 15 , 2011. On December 31,2021 , she sold all 1,000 shares of her Ibis stock for $4,500. Based on a hot tip from her friend, she bought 1,000 shares of lbis stock on January 23,2022 , for $3,000. What is Ms. Fresh's basis in her 1,000 shares purchased in 2022? - $2,500 - $3,000 - $3,500 - $5,000
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