Durk Club acquired a set of new equipment three years ago at a cost of $600,000. Presently, these assets can be transferred to his brother's enterprise, Kirk, for a sum of $430,000. In Durk's most recent financial statement, the balance sheet reveals net fixed assets valued at $380,000, current liabilities totaling $720,000, and a net working capital of $250,000.

If all durks assets were liquidated today, he would receive $1M.

1. What is the book value of Durk company?
2. What is the market value of Durk company?