explain pls!

5. Jenny owns an office building in Boston with an adjusted basis of $100,000 and a fair market value of $500,000. It is encumbered by mortgage debt of $80,000. Jenny meets Henry, who owns an apartment building in Houston, tax basis of $190,000 and fair market value of $420,000. They decide to exchange the two properties. Jenny takes the apartment building and Henry takes the office building along with assuming its debt. What is Jenny's recognized gain from the exchange and her basis in the apartment building? a. $400,000; $420,000 b. $80,000; $100,000 Brigie 100000 c. $230,000; $500,000 FMV 500.00 d. $0; $270,000