Create new layer.
Add frame by using Rectangular Marquee Tool. Right click, select Stroke choose Width and Color
Transform->Perspective. Blending option->Bevel->Contour
Add layer mask. Paint things that punch through frame.
Create another layer. Fill with black. Adjust Opacity to about 86.
This will be the background.
Add layer mask. Paint the foreground. (I did this by selecting everything outside the frame and then add the layer mask)