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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 $8,300,000 and

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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 $8,300,000 and will be sold for $1,740.000 at the end of the project. If the tax rate is 34 percent, what is the after-tax salvage value of the asset? Multipie Choice $1,740,00000 $1,63604160 38.300,00000 5103,95840 51,434.240.00

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