Corbi is considering joining in a partnership with one of her friends. She has a commercial shopping center with a fair market value of $500,000 and a basis of $275,000 which she exchanges for a 50% interest in the partnership. Corbi's shopping center has a mortgage in place of $100,000; which will be assumed by the new partnership. What is Corbi's basis in her new partnership interest. Group of answer choices $175,000 $225,000 $350,000 $400,000