An asset used in a four$-$year project falls in the five$-$year MACRS class $($MACRS schedule$)$ for tax purposes. The asset has an acquisition cost of $$8,000,000$ and will be sold for $$1,940,000$ at the end of the project.

What is the book value of the equipment at the end of Year $4?$

Note: Do not round intermediate calculations and round your answer to the nearest whole number, e$.$g$.,32.$

If the tax rate is $22$ percent, what is the aftertax salvage value of the asset?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$