The Steel Pony Company a maker of all$-$terrain recreational vehicles is having financial difficulties due to high$-$interest payments. The estimated "going concerned" value of Steel Pony is $$4\mathrm{.}0$ million. The statement of financial position of the firm is as shown:

$\backslash$table$[[$Current Assets,$$1,100,000,$Current Liabilities,$$600,000$