John bought 1,000 shares of intel stock on october 18, 2014, for $30 per share plus a $750 commission he paid to his broker. on december 12, 2017, he sells the shares for $42.50 per share. he also incurs a $1,000 fee for this transaction.
what is john's adjusted basis in the 1,000 shares of intel stock?

$30,750

Explanation:

Given that,

Shares purchased = 1,000 shares of Intel stock

Price per share = $30

Commission paid to broker = $750

John's adjusted basis:

= Purchase price + Commission paid to broker

= (No. of shares purchased × Price per share) + $750

= 1,000 × $30 + $750

= $30,750

answer; the correct answer should be (demonstrations); good luck

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.