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Saved Nimoy Inc., purchased their only fixed asset, a widget machine, four years ago for $7 million. The same machinery can be sold today to

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Saved Nimoy Inc., purchased their only fixed asset, a widget machine, four years ago for $7 million. The same machinery can be sold today to Shatner Inc. for $4.55 million. Nimoy's current balance sheet shows net fixed assets of $3.45 million and current liabilities of $1.8 million. If all the current assets were liquidated today, the company would receive $1.9 million cash. Use the balance sheet identity to determine the current market value of Nimoy's total liabilities (current & long- term) given the market value of equity is $4,837,500. (Click to select) )

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