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Required information [The following information applies to the questions displayed below. John bought 2,250 shares of Intel stock on October 18, 2014, for $55 per

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Required information [The following information applies to the questions displayed below. John bought 2,250 shares of Intel stock on October 18, 2014, for $55 per share plus a $750 commission he paid to his broker. On December 12, 2018, he sells the shares for $80.00 per share. He also incurs a $1,000 fee for this transaction. a. What is John's adjusted basis in the 2,250 shares of Intel stock? Adjusted basis b. What amount does John realize when he sells tte 2,250 shares? Sales realization c-1. What is the gain/loss for John on the sale of his Intel stock

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