Klingon Cruisers, Inc., purchased new cloaking machinery four years ago for $4 million. The machinery can be sold to the Romulans today for $3.6 million. Klingon's current balance sheet shows net fixed assets of $2 million, current liabilities of $700,000, and net working capital of $216,000. If all the current accounts were liquidated today, the company would receive $1.03 million cash.

a.	What is the book value of Klingon's assets today? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)
b.	What is Klingon's market value of assets? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Please help with explanation on how to get answer, i.e how to solve on paper or in financial calculator.