Martex Inc. has 560,000 shares outstanding. Information on their issuance is as follows: Joan Fox acquired 10,000 shares of the 2019 issue and 5,000 shares of the 2020 issue. Determine the adjusted cost base per share, as well as the total PUC of Joan's shares.

Question

Martex Inc. has 560,000 shares outstanding. Information on their issuance is as follows:  Joan Fox acquired 10,000 shares of the 2019 issue and 5,000 shares of the 2020 issue. Determine the adjusted cost base per share, as well as the total PUC of Joan's shares.

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The Answer of Martex Inc. has 560,000 shares outstanding. Information on their issuance is as follows:  Joan Fox acquired 10,000 shares of the 2019 issue and 5,000 shares of the 2020 issue. Determine the adjusted cost base per share, as well as the total PUC of Joan's shares.