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11. Values and Book Values [L01] Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to

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11. Values and Book Values [L01] Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $5.4 million. Klingon's current balance sheet shows net fixed assets of $3.5 million, current liabilities of $945,000, and net working capital of $275,000. If the current assets and current liabilities were liquidated today, the com- pany would receive a total of $1.25 million cash. What is the book value of Klingon's total assets today? What is the sum of the market value of NWC and the market value of fixed assets

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