Your firm manufactures cars. Three years ago, your firm purchased a machine for $$7$ million.

Unfortunately, you can only sell it for $$5\mathrm{.}4$ million today. Your firm$$s balance sheet shows net

fixed assets equal to $$3\mathrm{.}25$ million, current liabilities equal to $$1,000,000$ and NWC equal to

$$300,000.$ If current assets and current liabilities were sold in the market today, your firm would

receive $$1\mathrm{.}5$ million in cash.

a$.(10$ pts$.)$ What is the book value of your firm$$s total assets today?

b$.(10$ pts$.)$ What is the sum of the market value of NWC and the market value of fixed

assets?