Problem 3-2: Harry goes to the barber, bringing with him one share of stock of Dynamic Enterprises, Inc. which he bought for $5.00. He pays the barber's bill for his haircut with that one share of the stock, now worth $15.00. There was no tip component to the payment. 1) How much (if any) income does Harry have? 2) How much income, if any, does the barber have? 3) What is the barber's basis in the stock? See Reg. 1.61-2(d)(2)(i).