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An asset used in a four-year project falls in the five-year MACRS class (MACRS Table) 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 five-year MACRS class (MACRS Table) for tax purposes. The asset has an acquisition cost of $6,800,000 and will be sold for $2,300,000 ot the end of the project If the tax rate is 20 percent, whot is the aftertax salvage value of the asset? (Do not round intermediate calculations and round yout answer to 2 decimal places, e.g, 32.16.) Aftertax salvage value

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