An asset used in a $4-$year project falls in the $5-$year MACRS class, for tax purposes. The

asset has an acquisition cost of $$20,349,349$ and will be sold for $$7,887,127$ at the end

the project. If the tax rate is $0\mathrm{.}29,$ what is the aftertax salvage value of the asset $($SVNOT$)?$

Modified ACRS depreciation allowances