$5.$ An asset used in a four$-$year project falls in the five$-$year MACRS class $($MACRS schedule$)$ for tax purposes. The asset has an acquisition cost of $$8,300,000$ and will be sold for $$2,060,000$ at the end of the project.

A$.$ What is the book value of the equipment at the end of Year $4?$

B$.$ If the tax rate is $25$ percent, what is the aftertax salvage value of the asset?