Question 5 (20 points) Luke (single) sold the following stocks and other assets in 2021: Asset Sales Date Sales Price Purchase Date 1/1/2018 Microsoft 35,000 Netflix 5/1/2021 40,000 Stamp 5/1/2017 7,500 Collection- Luke has a long-term capital loss carryforward of $19,000 from prior years. Luke sold a rental property (subject to 1250) that he owned, with the following information: Purchase Date 3/1/2014 Sales Date 7/11/2021 6/30/2021 9/31/2021 11/31/2021 Accu. Depreciation 600,000 45,000 Assuming Luke's marginal tax rate is 24% and his long-term capital gain rate is 15%, what is his tax liability on the capital gains or losses for 2021? Question 6 (5 points) Sales Price Original Cost 490,000 N Original Cost 25,000 52,000 5,000