An asset used in a 4-year project falls in the 5-year MACRS class (MACRS Table) for tax purposes. The asset has an acquisition cost of $12,240,000 and will be sold for $2,720,000 at the end of the project. If the tax rate is 21 percent, what is the aftertax salvage value of the asset? $2,592,965 $2,148,800 $2,847,035 $2722,613 $2,463,317