What is silvers transaction price

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Question: Silver Inc. sells merchandise with a cost of $80,000 to Pier 10 Inc. for $180,000 during the month. As part of the contract, Silver Inc. pays Pier 10 Inc. $5,000 in slotting fees for premium shelf position in th retail stores and $4,000 for advertising Silver's product in Pier 10's weekly flier that is emailed to Pier 10's customer list. What is Silver's transaction price?

Reference no: EM133415872

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