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Arendelle Ice Suppliers ( AIS ) purchased transportation equipment two years ago for $ 4 5 0 , 0 0 0 . The equipment can

Arendelle Ice Suppliers (AIS) purchased transportation equipment two years ago for $450,000. The equipment can be sold today for $300,000. AISs balance sheet today shows inventory of $42,000, current liabilities of $74,000, NWC of $35,000, and net fixed assets of $720,000. If all current assets and current liabilities were liquidated today, AIS would receive a total of $40,000 cash.
What is the book value of AISs total assets today? What is the sum of the market value of NWC and the market value of fixed assets?

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