Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a building at a cost of $1,300,000 that is currently appraised at $ 1,500,000. The equipment originally cost $ 780,000 and is currently valued at $527,000 . The inventory is valued on the balance sheet at $470,000 but has a market value of only one-half of that amount The owner expects to collect 98 percent of the $255,200 in accounts receivable . The firm has $11,100 in cash and owes a total of $ 1,500,000 The legal problems are personal and unrelated to the actual business . What is the market value of this firm?