Benji transfers property with a tax basis of $3,160 and a fair market value of $6,200 to a corporation in exchange for stock with a fair market value of $4,500 and $535 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $1,165 on the property transferred. Benji also incurred selling expenses of $392. What is the amount realized by Benji in the exchange? A/