Sold Blue , Inc . Stock for $45 090 on March 12 2015 . He had purchased the stock on September 5 2012 for $50 000 Received an inheritance of $300 090 from his uncle Henry Devon used $200, 090 to purchase Green , Inc . stock on May 15 2015 and invested $109 090 in Gold , Inc WHITE stock on May 30 2015 Received Orange , Inc . stock worth $9 500 as a gift from his aunt Jane on June 17 2015 Her adjusted basis for the stock was $5 090 No gift taxes were paid on the transfer Jane had purchased the stock on April 1 2009 Devon sold the stock on July 1 2015 for $22 000 On July 15 2015 Devon sold one - half of the Green Inc . stock for $40 000