Required information

$[$The following information applies to the questions displayed below.$]$

Flintstone Company is owned equally by Fred and his sister Wilma, each of whom holds $2,300$ shares in the company. Wilma wants to reduce her ownership in the company, and it was decided that the company will redeem $400$ of her shares for $$26,200$ per share on December $31$ of this year. Wilma's tax basis in each share is $$5,150.$ Flintstone has current E&P of $$12,080,000$ and accumulated E&P at the beginning of the year is $$50,020,000.$

Given your answer to part $($a$),$ what is the tax basis in the remaining $1,900$ shares Wilma owns in the company?

Income tax basis in remaining shares