• The company has no long-term debt
• Current assets on the balance sheet are 1,000,000
• Two years ago, the company bought a large crane for $3,000,000
• The company has taken 500,000 in depreciation charges on the crane
• The company's balance sheet shows $5,000,000 in other fixed assets (not including the crane)
• The latest edition of the Big Crane Blue Book has the value of the crane listed as $2,500,000
• Eyesore Construction, a competitor, has made a firm offer of $2,000,000 to buy the crane
• Buyouts-R-Us Consulting has found buyers for the company's current assets that would bring in $1,400,000 for all current assets, and $3,600,000 for the company's other fixed assets (not including the crane)

WHAT IS THE BOOK VALUE?