(A) transferred two capital assets ("CAI" and "CA2") and a personal liability to X Corporation (X) in a transaction that qualified for Section 351. A transferred CAI, fair market value (FMV) $500 and adjusted basis (AB) $300 and CA2, FMV $500 and AB $600 and a personal liability in the amount of $100 to X in exchange for 100 shares ofX stock (FMV $900). I Mat income, gain or loss, ifany, does A recognize as a result of the transaction? z. Mat is X Corporations adjusted basis in CA j?