An asset used in a four$-$year project falls in the five$-$year MACRS class for tax purposes.$\backslash$table$[[$Property Class$],[$Year$,$Three$-$Year,Five$-$Year,Seven$-$Year$],[1,33\mathrm{.}33\%,20\mathrm{.}00\%,14\mathrm{.}29\%$

The asset has an acquisition cost of $$6,020,000$ and will be sold for $$1,220,000$ at the

end of the project. If the tax rate is $35$ percent, what is the aftertax salvage value of the

asset? Refer to Table $10\mathrm{.}7.($Do not round intermediate calculations. Round your answer

to the nearest whole dollar. Enter your answer in dollars, not millions of dollars, e$.$g$.$

$1,234,567.$