Klingon Widgets, Inc. purchased new cloaking machinery three years ago for $$5$ million. The machinery can be sold today to the Romulans for $$4$ million. Klingon$$s current balance sheet shows net fixed assets of $$2,000,000,$ current liabilities of $$750,000,$ and net working capital of $$600,000.$ If all the current assets were liquidated today, the company would receive $$1\mathrm{.}50$ million in cash.

What is the book value of Klingon's assets today?

What is the market value of Klingon's assets today?