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Thomas purchased 220 shares of ELM stock on June 3, 2020, for $2,200. In November 2021, ELM issued a 10% stock dividend. How many shares
Thomas purchased 220 shares of ELM stock on June 3, 2020, for $2,200. In November 2021, ELM issued a 10% stock dividend. How many shares does Thomas own now, and what is his basis?
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