78. ABC Inc. purchases 10,000 glass vases from Overseas Trading Company. The wholesale price charged by Overseas Trading Company is $3.00 per vase with the following volume discounts: 1 – 1,000 vases full price 1,001 – 5,000 vases 5% discount 5,001 – 15,000 vases 10% discount 15,001 – 25,000 vases 15% discount ABC Inc. receives the shipment and finds that 100 of the vases are broken. They contact Overseas Trading Company, who agrees not to charge ABC Inc. for the broken vases. What is the transaction value for the vases?
A. $30,000
B. $29,700
C. $27,000
D. $26,730
E. $26,700
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The Answer is: C
Citation: 19 CFR ยง 152.103 (a)(1), and (a)(4)
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