A U.S. buyer purchases merchandise from an unrelated seller in Japan for $35,000. On a separate invoice for the respective merchandise, the U.S. buyer also pays to the unrelated seller, a 5 percent selling commission, plus international freight charges of $2,500 and a $1,150 packing charge. In addition, the buyer pays an unrelated third party a license fee of $5,000 that is not a condition of the sale. Which ONE of the following is the correct appraised value of the merchandise?
A) 36150
B) 43650
C) 37900
D) 35000
E) 40000
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The Answer is: C
Citation: 19 CFR 152.103
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