Gregory Tankers. Inc., purchased new milling machinery three years ago for $9.6 million. The machinery can be sold to their competitor today for $6.4 million. Gregory's current balance sheet shows net fixed assets of $4.9 million, current liabilities of $2.2 million, and net working capital of $850.000. If all the current accounts were liquidated today, the company would receive $2. 7 million in cash.

1. What is the book value of Gregorys assets today? What is the sum of NWC and the market value of fixed assets?
2. Cash Flow to Creditors Tile 2018 balance sheet of Amys Golf Shop, Inc., showed long-term debt of $1.565 million, and the 2019 balance sheet showed long-term debt of $1.645 million. The 2019 income statement showed an interest expense of $170,000.
3. What was the firm's cash flow to creditors during 2019?