A farmer grows wheat, which he sells to a miller for $3,000. The miller produces flour , which he sells to a baker for $3,600. The baker produces all sorts of bread , which are sold to the public for $5,400. If we made the mistake of double counting at every level of production, as opposed to using the valued added approach, we would calculate the total value of the output to be $ enter your response here,If we use the valued added approach, the true value would be?

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