Test - Senior Tax Specialist Certification Test (2019) Investment Income Question 25 of 75. Alex purchased 200 shares of ABC stock on June 2, 2017, for $1,200. In November 2018. ABC issued a 10% stock dividend. Alex now owns 220 shares and his basis is _ O $1,080 basis. O $1,200 basis. O $1,320 basis. $1,452 basis. Mark for follow up when a taxpayer fails to meet the holding requirement for statutor Question 26 of 75. The sale of stock is considered a(n)_ options. O Qualified sale