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Kimbo Widgets Inc. purchased new cloaking machinery four years ago for $ 1 2 million. The machinery can be sold to the Rimalons today for

Kimbo Widgets Inc. purchased new cloaking machinery four years ago for $12 million. The machinery can be sold to the Rimalons
today for $10.8 million. Kimbo's current statement of financial position shows net fixed assets of $10.0 million, current liabilities of $0.85
million, and net working capital of $400,000. If all the current assets were liquidated today, the company would receive $1.26 million
cash. (Do not round intermediate calculations. Enter the answers in dollars, not millions of dollars, i.e.1,234,567. Omit $ sign in
your response.)
What is the book value of Kimbo's total assets today?
Total asset book value
What is the market value?
Total asset market value
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