Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.1 million. The machinery can be sold to the Romulans today for $6.3 million. Klingons current balance sheet shows net fixed assets of $2.9 million, current liabilities of $720,000, and net working capital of $131,000. If all the current assets were liquidated today, the company would receive $835,000 cash. (Enter your answer as directed, but do not round intermediate calculations.) Requirement 1: What is the book value of Klingons total assets today? Requirement 2: What is the market value of Klingon's total assets?