Avas SpinBall Corp. lists fixed assets of $21 million on its balance sheet. The firms fixed assets have recently been appraised at $34 million. Avas SpinBall Corp.s balance sheet also lists current assets at $14 million. Current assets were appraised at $24 million. Current liabilities book and market values stand at $4 million and the firms book and market values of long-term debt are $23 million.

Calculate the book and market values of the firms stockholders equity. Construct the book value and market value balance sheets for Avas SpinBall Corp. (Enter your answers in millions of dollars.)

BOOK VALUE MARKET VALUE (in millions of dollars) Assets Current assets Fixed assets Total Liabilities and Equity Current liabilities Long-term debt Stockholders' equity Total