1. Allison enters into a like-kind exchange with Beatrice. Allison transfers a retail building that has an adjusted basis of $520,000. In addition, Allison transfers a $100,000 liability associated with the retail building. Beatrice agrees to assume the liability. Beatrice transfers a warehouse that has a fair market value of $700,000. How much is Allison's consideration received for the transaction? a) $800,000 Ob) $700.000 c) $180,000 d) $100,000 e) $280,000