Ted, an individual calendar-year taxpayer, purchased 100 shares of Eagle Corporation common stock for $18,000 on 4-10-X1. He purchased an additional 30 shares of Eagle common stock for $5,000 on 7-8-X5. On 7-29-X5, Ted sold the 100 shares purchased on 4-10-X1 for $12,000. On 8-14-X5 he purchased an additional 50 shares of Eagle common stock for $8,000. What is the amount of Ted's recognized loss for X5 and the basis for his 50 shares of Eagle stock purchased on 8-14-X5,