1. Use the following information to calculate the fair market value of invested capital and FMV of equity:a. FMV of current assets = $500,000b. FMV of tangible assets = $2,000,000c. FMV of customer relationships = $5,000,000d. FMV of trademark = $500,000e. FMV of goodwill = $10,000,000f. FMV of current liabilities (including $250,000 current portion of long term debt) = $400,000g. FMV of long term debt (excluding $250,000 current portion of long term debt reported in current liabilities) = $10,000,000FMV invested capital = $____________________FMV of equity = $____________________
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