Based on the following information, what is the APPRAISED VALUE for a shipment of 10,000 computer monitors with a unit value of $75 CIF, Los Angeles? The seller received the cathode ray tubes used in the manufacture of these computer monitors free of charge from a third party that was satisfying a debt owed to the seller of the finished computer monitors. The cathode ray tubes, including transportation and insurance, would have cost $25 each. There is no through bill of lading associated with this entry. Foreign inland freight is $1 each. Ocean freight is $2.50 each. Marine insurance is $0.50 each.
A. 1000000
B. 720000
C. 750000
D. 710000
E. 970000
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The Answer is: B
Citation: 19 CFR 152.102 (a)
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