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A firm sells hardware with a three-year warranty for $5,000. The third-party selling price of the warranty is $800. The firm does not sell the

A firm sells hardware with a three-year warranty for $5,000. The third-party selling price of the warranty is $800. The firm does not sell the hardware without a warranty. Assume the company uses the residual value approach; what is the revenue when the TV is delivered?

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