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3). Market values and book values-Klingon Cruisers, Inc.,purchased new cloaking machinery three years ago for$9.6 million.The machinery can be sold to the Romanulans today for $6.4 million.Klingon's current balance sheet shows net fixed assets of $4.9million, current liabilities of $2.2 million, and net workimgcapital of $850,000. If all current accounts were liquidated today,the company would receive $2.7 million cash. What is the book valueof Klingon's assets today? what is the sum of NWC and market valueof fixed assets?
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