Three Bank Accounts

From the 1994 IMO Shortlist.

Peter has three bank accounts, each containing a positive integer number of dollars. He can transfer money between accounts, but a transfer must exactly double the recipient's balance. Can he always empty one account?

Account AMIN
$5
Account BMID
$8
Account CMAX
$11

Available Transfers

Transfer Log (0 moves)

No transfers yet.