On July 31st, 2022, the Shareholders' Equity of Veneto Inc. is as follows: Common Stock (69,000...

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On July 31st, 2022, the Shareholders' Equity of Veneto Inc. is as follows: Common Stock (69,000 Shares Outstanding) Retained Earnings Total Shareholders' Equity $750,000 842,000 $1,592,000 On July 31st, Veneto Inc declares a 15 percent stock dividend. This dividend is not designated as eligible and, on this date, the shares are trading at $32 per share. Claude is holding 1,250 of the Veneto shares which they acquired 3 years ago at a cost of $21 per share. Required: What is the effect of this transaction on Claude's 2022 net income for tax purposes? What is the adjusted cost base per share of their Veneto Inc shares? On July 31st, 2022, the Shareholders' Equity of Veneto Inc. is as follows: Common Stock (69,000 Shares Outstanding) Retained Earnings Total Shareholders' Equity $750,000 842,000 $1,592,000 On July 31st, Veneto Inc declares a 15 percent stock dividend. This dividend is not designated as eligible and, on this date, the shares are trading at $32 per share. Claude is holding 1,250 of the Veneto shares which they acquired 3 years ago at a cost of $21 per share. Required: What is the effect of this transaction on Claude's 2022 net income for tax purposes? What is the adjusted cost base per share of their Veneto Inc shares?