An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The annual depreciation percentages are 20%, 32%, 19.20%, 11.52%, 11.52%, and 5.76%. The asset has an acquisition cost of $6,140,000 and will be sold for $1,340,000 at the end of the project. If the tax rate is 25%, what is the after-tax salvage value of the asset?