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A company sells equipment and service contracts. When purchased separately, the equipment costs $3,368, and a three-year service contract costs $7,670. When purchased together, the costs for both the equipment and service contract are discounted 27% of the cost if each were purchased separately. They always deliver equipment the day it is sold.
Problem 1: How much consideration is allocated to the service contract when both are sold together? Round to the nearest whole dollar when necessary.
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