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Widgets, Inc., purchased new cloaking machinery four years ago for $12.8 million. The machinery can be sold to the Romulans today for $11 million. Klingons

Widgets, Inc., purchased new cloaking machinery four years ago for $12.8 million. The machinery can be sold to the Romulans today for $11 million. Klingons current balance sheet shows net fixed assets of $9.6 million, current liabilities of $825,739, and net working capital of $364,028. If all the current assets were liquidated today, the company would receive $1.1 million cash. What is the market value of Klingons total assets today?

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