Rockport Interiors of Texas sells seashell lamps. It sources them from a Mexican manufacturer, Luz, SA de CV. Rockport provides leased molds, engineering drawings, and the seashell components, all free of charge, to Luz. The molds are leased from an unrelated U.S. firm, Corpus Christi Molders, for $200.00. They are worth $4000.00. The freight bill from Corpus Christi to Luz is $150.00. The engineering drawings were produced at Rockport Interiors and are valued at $1000.00. The seashells were purchased from another unrelated firm for $700.00 and cost an additional $60.00 to ship to the Luz manufacturing facility. The invoice price for the lamps, excluding the above items, is $14,000.00. What is the proper appraised value of the lamps, under Transaction Value, of the Instant Shipment?
A) 15110
B) 18910
C) 14000
D) 19910
E) 19700
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The Answer is: A
Citation: 19CFR 152.102 (a) and 152.103 (d)
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