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Allen Air Lines must liquidate some equipment that is being replaced. The equlpment originally cost $9.5 million, of which 70% has been depreciated. The used

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Allen Air Lines must liquidate some equipment that is being replaced. The equlpment originally cost $9.5 million, of which 70% has been depreciated. The used equipment can be sold today for $3,8 million, and its tax rate is 25%. What is the equipment's after-tax net salvage value? Enter your answer in dollara. For example, an answer of 51.2 million should be entered as 1,200,000. Round your answer to the nearest dollar

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