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LTL Inc. sold and delivered a 3 D printer to a large university for total consideration of $ 1 8 , 0 0 0 .

LTL Inc. sold and delivered a 3D printer to a large university for total consideration of $18,000. As part of the contract, LTL will provide maintenance services on the printer for a three-year period. On a stand-alone basis, LTL sells that model of printer for $14,000, and the fair value of the maintenance services is $2,000 per year.

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