A fast-food company originally invested $2.8 million (install and ship costs are included) to buy a machine for making slurpees. The machine can be depreciated using the MACRS schedule shown in the table below. If the machine just completed year 2 of its five-year MACRS depreciation schedule, approximately what is the book value of the machine? Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Depreciation Rate 20.00% 32.00% 19.20% 11.52% 11.52% 5.76% $1.456 million O $0.806 million O $2.240 million $1.344 million