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Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. I he company built a building at a cost of $$1,280,000$ that is currently appraised at $$1,480,000.$ The equipment originally cost $$760,000$ and is currently valued at $$507,000.$ The inventory is valued on the balance sheet at $$450,000$ but has a market value of only one$-$half of that amount The owner expects to collect $97$ percent of the $$245,200$ in accounts receivable. The firm has $$10,900$ in cash and owes a total of $$1,480,000.$ The legal problems are personal and unrelated to the actual business. What is the market value of this firm?