Problem 2-19 Market Value versus Book Value (LG2-2) Muffin's Masonry, Inc.'s, balance sheet lists net fixed assets as $30 million. The fixed assets could currently be sold for $51 million. Muffin's current balance sheet shows current liabilities of $13.5 million and net working capital of $12.5 million. If all the current accounts were liquidated today, the company would receive $8.05 million cash after paying the $13.5 million in current liabilities. What is the book value of Muffin's Masonry's assets today and the market value of these assets? (Enter your answer in millions of dollars rounded to 2 decimal places.) Current assets Fixed assets Total BOOK VALUE MARKET VALUE (in millions of dollars)

Problem 2-19 Market Value versus Book Value (LG2-2) Muffin's Masonry, Inc's, balance sheet lists net fixed assets as $30 million. The fixed assets could currently be sold for $51 million, Muffin's current balance sheet shows current liabilities of $13.5 million and net working capital of $12.5 million. If all the current accounts were liquidated today, the company would recelve $8.05 million cash after paying the $13.5 million in current liabilities. What is the book value of Muffin's Masonry's assets today and the market value of these assets? (Enter your answer in millions of dollars rounded to 2 decimal places.)