A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,400,000 and can be sold for $705,000 at the end of the project. The asset in the 5-year MACRs class. The depreciation percentage each year is 20.00 percent, 30.00 percent, 19.20 percent, 11.52 percent, respectively. The companys tax rate is 24 percent. What is the after tax salvage value of equipment