Seth invested $20,000 in Series EE savings bonds on April 1. By December 31, the published redemption value of the bonds had increased to $20,700. How much interest income will Seth report from the savings bonds in the current year absent any special election? Interest income reported ! Required information [The following information applies to the questions displayed below.] John bought 1,000 shares of Intel stock on October 18, 2016, for $30 per share plus a $750 commission he paid to his broker. On December 12, 2020, he sells the shares for $42.50 per share. He also incurs a $1,000 fee for this transaction. a. What is John's adjusted basis in the 1,000 shares of Intel stock? Adjusted basis b. What amount does John realize when he sells the 1,000 shares? Sales realization C-1. What is the gain/loss for John on the sale of his Intel stock