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Nimoy Inc., purchased their only fixed asset, a widget machine, four years ago for $6.8 million. The same machinery can be sold today to Shatner

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Nimoy Inc., purchased their only fixed asset, a widget machine, four years ago for $6.8 million. The same machinery can be sold today to Shatner Inc, for $4.3 million. Nimoy's current balance sheet shows net fixed assets of $3.2 million and current liabilities of $1.7 million. If all the current assets were liquidated today, the company would receive $1.35 million cash. Use the balance sheet identity to determine the current market value of Nimoy's equity (common & preferred) given that the market value of total liabilities is $1,412,500. Click to select) 8,920,000 1,350,000 4,237,500 6,420,000 5,650,000

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