ohn bought $1,000$ shares of Intel stock $($Nasdaq: INTC$)$ on October $18,2020,$ for $$30$ per share plus a $$750$ commission he paid to his broker. On December $12,2024,$ he sells the shares for $$42\mathrm{.}50$ per share. He also incurs a $$1,000$ fee for this transaction.

Problem $7-41$ Part$-$a $($Static$)$

a$.$ What is John's adjusted basis in the $1,000$ shares of Intel stock?