1.2 Klingon Widgets, Inc. purchased new cloaking machinery three years ago for $5 million. The machinery can be sold today to the Romulans for $4 million. Klingon's current balance sheet shows net fixed assets of $2,000,000, current liabilities of $750,000, and net working capital of $600,000. If all the current assets were liquidated today, the company would receive $1.50 million in cash. a. (5 points) What is the book value of Klingon's assets today? b. (5 point) What is the market value of Klingon's assets today? 1.3 Class, Inc. has sales of $9,620, costs of $4,840, depreciation expense of $1,300, and interest expense of $1,210. If the tax rate is 35%, what is the operating cash flow, or OCF? 1.4 Enterprise, Inc. has net fixed assets of $2.7 million and $3.1 million on the December 31st 2010 and 2011 balance sheets, respectively. Depreciation expense was listed as $510,000 on the 2011 income statement. What was the net capital spending for Enterprise, Inc in 2011