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 $19,080,000 and will be sold for $4,240,000 at the end of the project. If the tax rate is 23 percent, what is the aftertax salvage value of the asset? Multiple Choice $4,023,116 $3,264,800 $4,456,884 $4,224,271 $3,821,960