! Required information [The following information applies to the questions displayed below.] John bought 1,200 shares of Intel stock on October 18, 2017, for $34 per share plus a $750 commission he paid to his broker. On December 12, 2021, he sells the shares for $48.50 per share. He also incurs a $1,000 fee for this transaction. a. What is John's adjusted basis in the 1,200 shares of Intel stock? Adjusted basis