An asset used in a four-year project falls in the five year MACRS dass for tax purposes. The set has an acquisition cost of $7,100,000 and will be sold for $1.400.000 at the end of the project. It the tax rate is 40% what is the after-tax salvage value of the asset? Use the following MACRS table: Year 5 Years 1 2000 2 3200 3 .1920 4 .1152 5 .1152 .0576 $1,330,752 O $1,339.408 $1,400,000 $1,402.510