please explain in details

Amy transters property with a tax basis of $970 and a fair market value of $650 to a corporation in exchange for stock with a fair market value of $455 in a transaction that qualifies for deferral under section 351 . The corporation assumed a tiability of $195 on the property transferred. What is Amy's tax basis in the stock received in the exchange? Musipie Choice $970 5775 $675 $455