Kevin purchased $5,000$ shares of Purple Corporation stock at $$10$ per share. Two years Later, he recelves a $5\%$ common stock dividend. At that time, the common stock of Purple Corporation had a fair market value of $$12\mathrm{.}50$ per share. What is the basis of the Purple stock, the per share basis, and gain recogenized upon receipt of the common stock dividend?

$$50,000$ basis in stock, $510$ basis per share for the original stock and $$0$ basis peer share for the dividend shares, and $$0$ recognised gain.

$$53,125$ basis in stock, $$10$ basis per share for the original stock and $$12\mathrm{.}50$ hasis per share for the dividend shares, and $53,125$ recognized gain.

$$50,009$ basis in stock, $$952$ basis per share, and $$0$ recogrined gain.

$$53,125$ basis in stock, $$10\mathrm{.}12$ basis per share, and $53,125$ recognired gain.