Market Value versus Book Value

The KIIngon Corporation has net fixed assets with a book value of $$700$ and an appralsed market value of about $$1,000.$ Net working capital is $$400$ on the books, but approximately $$600$ would be realized if all the current accounts were liquidated. Kingon has $$500$ in long$-$term debt, both book value and market value.

a$.$ What is the book value of the equity? $($Do not round intermedlate calculations.$)$

b$.$ What is the market value of the equity? $($Do not round Intermediate calculations.$)$

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a$.$ Book value of equity

b$.$ Market value of equity