P2-5 Market Values and Book Values [LO1] 27 Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6.1 million. The machinery can be sold to the Romulans today for $4.05 million. Klingon's current balance sheet shows net fixed assets of $2.85 million, current liabilities of $2.2 million, and net working capital of $520,000. If all the current assets were liquidated today, the company would receive $1.5 million cash. 1 points 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)