John bought 1000 shares of Intel stock on October 18, 2014, for $30 per share plus a $750 commission he paid his broker. On December 12, 2018, he sells the shares for $42.50 per share. He also incurs a $1000 fee for this transaction. a.) What is John's adjusted basis in the 1000 shares of Intel stock? b.) What amount does John realize when he sells the 1000 shares? c.) What is the gain/loss for John on the sale of his Intel stock? What is the character of the gain/loss?

A. j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a. j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a. j. could have probably handled. a. j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a. j. was recognizing the culture at idle time gaming.