FCP Studio 2 upgrade question (upgrade to FCP Studio 3)

Final Cut license allows a one-time permanent transfer to another party. One of my customers would like to transfer their Final Cut Studio 2 license to me in lieu of payment. I would upgrade to Final Cut Studio 3, but they upgraded from FCP 4 to FCP 5 and can't find their original serial. I've got the FCP 5 (Studio 2) license serial number.
Question: Will the FCP Studio 3 installer want the FCP 4 license, or will it be happy with the upgraded FCP 5 serial?
Thanks to anyone who knows and takes the time to respond.

they upgraded from FCP 4 to FCP 5 and can't find their original serial.
No go. You need the original s/n from a *full price retail version*. Even FCP 1 will do.

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