Brenda’s Bar and Grill has total assets of $13.0 million, of which $7.0 million are current assets. Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets. Brenda’s gross plant and equipment has a book value of $13.5 million and other long-term assets have a book value of $600,000.
What is the balance of inventory and the balance of depreciation on Brenda's Bar and Grill’s balance sheet? (Enter your answers in millions of dollars rounded to 1 decimal place.)
Inventory $ m
Depreciation $ m