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Muffin s Masonry, Inc. s , balance sheet lists net fixed assets as $ 1 6 million. The fixed assets could currently be sold for

Muffins Masonry, Inc.s, balance sheet lists net fixed assets as $16 million. The fixed assets could currently be sold for $23 million. Muffins current balance sheet shows current liabilities of $6.5 million and net working capital of $5.5 million. If all the current accounts were liquidated today, the company would receive $7.35 million cash after paying the $6.5 million in current liabilities.
What is the book value of Muffins Masonrys assets today and the market value of these assets? (Enter your answer in millions of dollars rounded to 2 decimal places.)

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