Lakeview Bar and Grill has total assets of $$17$ million of which $$5$ million are current assets. Cash makes up $12$ percent of the current assets and accounts receivable makes up another $40$ percent of current assets. Lakeview's gross plant and equipment has a cost value of $$12$ million and other long$-$term assets have a cost value of $$1,000,000.$ Using this information, what are the balance of inventory and the balance of depreciation on Lakeview's Bar and Grill's balance sheet?

Multiple Choice

$$2\mathrm{.}4$ million; $$1$ million

$$0\mathrm{.}4$ million; $$3$ million

$$1\mathrm{.}4$ million; $$1$ million

$$3\mathrm{.}4$ million; $$2$ million