Inez's adjusted basis for 9,000 shares of Cardinal, Inc.common stock is $900,000.During the year, she receives a 5% stock dividend that is a nontaxable stock dividend.

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The Answer of Inez's adjusted basis for 9,000 shares of Cardinal, Inc.common stock is $900,000.During the year, she receives a 5% stock dividend that is a nontaxable stock dividend.

Inez's Adjusted Basis for 9,000 Shares of Cardinal, Inc