P2-5 Market Values and Book Values [LO1] 12 1 points Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6.8 million. The machinery can be sold to the Romulans today for $4.6 million. Klingon's current balance sheet shows net fixed assets of $3.25 million, current liabilities of $2 million, and net working capital of $470,000. If all the current assets were liquidated today, the company would receive $1.2 million cash. Required: (a)What is the book value of Klingon's assets today? (Click to select) eBook (b)What is the market value? References (Click to select)