Broker B is calculating the price actually paid or payable for its client Importer A. Importer A has provided Broker B the below list of expenses in addition to the invoice. The invoice is for 25,000 plastic toys at $50,000. Importer A provided dye to color the plastic and a mold to the manufacturer to be used exclusively for this shipment. The mold will be pro-rated and returned to Importer A under a different entry. The merchandise was purchased at arms length from a non-related manufacturer in Singapore. A mold with a lifespan of 100,000 units 12000 Chemical dye to color plastic $ 1,000 A buying commission $ 1,000 What is the correct transaction value of this shipment?
A. $50,000
B. $62,000
C. $69,000
D. $57,000
E. $54,000
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The Answer is: E
Citation: 19 CFR 152.102(a); 152.103(b), (d) & (e)
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