Camille transfers property with a tax basis of $985 and a fair market value of $1,580 to a corporation in exchange for stock with a fair market value of $1,030 and $550 in cash in a transaction that qualifies for deferral under section 351. Camille also incurred selling expenses of $100. What is the amount realized by Camille in the exchange?

• $1,580

• $1,480

• $1,030

• $930