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 $12,780,000 and will be sold for $2,840.000 at the end of the project. Required: If the tax rate is 34 percent, what is the aftertax salvage value of the asset? $2,625,251 O $1,874,400 $3,054,749 $2,756,513 O $2,493,988