A company is evaluating a new 4-year project. The equipment necessary for the project will cost 52,950,000 and can be sold for $660,000 at the end of the project. The asset is in the 5 -year MACRS class. The depreciation percentage each year is 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, and 11.52 percent, respectively. The company's tax rate is 2.5 percent. What is the aftertax salvage velue of the equipment? Multiple chaice $537,480 5495,000 $697.560 5660,000 622.440