Recently the owners encountered severe legal problems and are trying to sell their business. The firm built a building at a cost of $$1,120,000$ that is currently appraised at $$1,320,000.$ The equipment originally cost $$600,000$ and is currently valued at $$347,000.$ The inventory is valued on the balance sheet at $$290,000$ but as market value of only $1/2$ of that amount. The owner expects to collect $99\%$ of the $$165,200$ in accounts receivable. The firm has $$11,900$ in cash and owes a total of $1,320,000.$ The legal problems are personal and unrelated to the actual business. What is the market value of this firm?