Yerba Inc., purchased their only fixed asset, a widget machine, four years ago for $7 million. Yerba's current balance sheet shows net fixed assets of $2.8 million and current liabilities of $2.1 million. If all the current assets were liquidated today, the company would receive what they are worth today: $2.05 million cash. If their fixed assets were liquidated today, the company would receive what they are worth today: $4.7 million. Use the balance sheet identity to determine the current market value of Yerba's equity given that the market value of total liabilities is $1.6875 million