Figure 1 MTech Balance Sheet Liabilities Accounts Payable Cash $100,00 nventory Patent Property (at cost Plant and Equipment (net) Total Assets Equity $1,200,000 $1.300,000 Total Liabilities and Equity$1 300,000 $40,000 $220,000 $60,000 $550,000 32000 secouns Peyab Suppose you were fortunate on the timing of your property investment and the firm's property is now worth $750,000. An investor has offered you $100,000 for the patent. Further, some of the firm's inventory has become obsolete and is now worth only $180,000. I) MTech manufactures and sells high quality light weight luggage highly prized in the market for its style and durability. Use the information from Figure 1 and the Book value Plus Adjustment method to value the firm's equity