Casey transfers property with a tax basis of $3,000 and a fair market value of $7.100 to a corporation in exchange for stock with a fair market value of $6,000 and $430 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $670 on the property transferred. Casey also incurred selling expenses of $562. What is the amount realized by Casey in the exchange? Multiple Choice $7100 O O $6,538 O $6,438 $6,008 O