Roscoe's Purchased New Machinery Three Years Ago for $1

Roscoe's purchased new machinery three years ago for $1.8 million.The machinery can be sold to Stewart's today for $1.2 million.Roscoe's current balance sheet shows net fixed assets of $960,000,current liabilities of $348,000,and net working capital of $121,000.If all the current assets were liquidated today,the company would receive $518,000 cash.The book value of the firm's assets today is _____ and the market value is ____.

A) $1,081,000; $1,308,000
B) $1,081,000; $1,718,000
C) $1,307,000; $1,429,000
D) $1,429,000; $1,308,000
E) $1,429,000; $1,718,000