You are evaluating the firm's financial performance based on the following data.
Balance sheet items:
Marketable securities=45,000
Non-operating long-term assets =20,000
Cash=100,000
Accounts receivable=180,000
Inventory=100,000
Operating long-term assets (net of depreciation) = 750,000
Accounts payable=90,000
Accrued taxes=100,000
Short-term debt=120,000
Long-term debt=550,000 (1,000 par value, 550 bonds)
Equity=352,000 (10 book value per share, 35,200 shares)
Market values:
Market value of the marketable securities =50,000
Market value of non-operating long-term assets =25,000
Market value of short-term debt: 120,000
Common stock: Market price per share: 13.50
Long-term bonds: Market price per bond: 1,000
What is the firm's market value of operations?