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Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.2 million. The machinery can be sold to the Romulans today for $6.4 million.

Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.2 million. The machinery can be sold to the Romulans today for $6.4 million. Klingons current balance sheet shows net fixed assets of $3 million, current liabilities of $730,000, and net working capital of $132,000. If all the current accounts were liquidated today, the company would receive $845,000 cash. What is the book value of Klingon's total assets today? What is the sum of the NWC and market value of fixed assets?

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