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Paul owns 100 shares of stock in an S corporation which he purchased for $57 per share. He gave 10 shares to nis daugnt:Julie. He

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Paul owns 100 shares of stock in an S corporation which he purchased for $57 per share. He gave 10 shares to nis daugnt:Julie. He also sold 10 shares to his friend, Bill, for $65 a share. What are Paul, Julie, and Bill's respective basis after those transactions? Paul: \$4,560; Julie: \$570; Bill: \$570. Paul: \$4,560; Julie: \$570; Bill: \$650. Paul: \$5.700; Julie: \$570; Bill: \$570. Paul: \$5,700; Julie: \$570: Bill: \$650. Mark for follow up Question 2 of 10

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