Wash sales On February 16, year 1, Fred Samson purchased 100 shares of Oscar Corporation stock at $40 per share. On July 28, year 5, he sold the 100 shares at $25 per share. On August 10, year 5, he purchased 100 shares of Oscar Corporation at $30 per share. These are the only capital asset transactions by the Samsons during year 5. What is Fred's basis PER SHARE in each of the 100 shares of Oscar?

-Income Tax