Market Values and Book Values: Widgets, Inc., purchased new machinery three years ago for $$6$

million. The machinery can be sold to today for $$5\mathrm{.}3$ million. Widgets, Inc. current balance sheet shows

net fixed assets of $$3\mathrm{.}2$ million, current liabilities of $$900,000,$ and net working capital of $$215,000.$ If all

the current assets were liquidated today, the company would receive $$1\mathrm{.}25$ million cash. What is the book

value of Widgets, Inc. assets today? What is the market value?