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An asset used in a four year project falls in the the year MAORS class for tax purposes. The asset has an acquisition cost of

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An asset used in a four year project falls in the the year MAORS class for tax purposes. The asset has an acquisition cost of $700,000 and will be sold for $1.440,000 at the end of the project it the tax rate is 3 percent, what is the after-tax salvage value of the asset? The MACRS rates for they four years 20. 32. 192 1152 Multiple Choice $1,367539 51226,620 51440,000 O SH00.000

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