An asset used in a four$-$year project falls in the five$-$year MACRS class for tax purposes. The asset has an acquisition cost of $$9,500,000$ and will be sold for $$2,400,000$ at the end of the project. If the tax rate is $34$ percent, what is the after$-$tax salvage value of the asset?

Multiple Choice

$$ $$2,400,000$

$$1,536,429$

$$2,657,856$

$$257,856$

$$ $$2,142,144$