5. Noah likes to invest in the stock market. During the year he sold the following securities, none of which were qualified small business companies:

The expenses of sale are included in the cost basis. Noah has a long-term capital loss carryover from last year of $2,300.

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Stock Blue Co. Yellow Co. Red Co. Date Acquired Date Sold Sales Price Cost Basis 02/11/03 08/15/10 $ 4,500 $2,300 01/31/10 06/05/10 6,000 5,000 10/02/04 10/07/10 12,000 1,600