Keri, in forming a new corporation, transfers land to the corporation in exchange for 100 percent of the stock of the corporation. Keri's basis in the land is $280,000, and the corporation assumes a liability on the property in the amount of $300,000. The stock received by Keri has a fair market value of $550,000. If an amount is zero, enter "0". b. What is the amount of Keri's basis in the corporation's stock