Step 3: Solder it all Together
First, take the two outer leads of the transistor and bend them outwards a little ways, and bend the middle lead backwards. Bend the LED's leads outwards, too. You don't have to, but it makes it easier to solder.
Take one of the wires coming from the toroid that is alone; that is, not twisted together with another wire. Solder it to one side of the resistor. Solder the other end of the resistor to the middle lead of the transistor.
Take the other single wire from the toroid, and solder it to the collector of the transistor. Solder the positive side of the LED to the collector as well, and solder the negative side to the emitter.
All that's left to do now is solder an extension wire to the negative side of the LED. Take a piece of that wire you had earlier and solder it to the transistor's emitter.