An asset used in a four-year project falls in the five-year MACRS class (MACRS schedule) for tax purposes. The asset has an acquisition cost of $7,200,000 and will be sold for $1,620,000 at the end of the project. If the tax rate is 24 percent, what is the aftertax salvage value of the asset? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32 . \begin{tabular}{|c|c|c|c|} \hline \multirow{2}{*}{ Year } & \multicolumn{3}{|c|}{ Property Class } \\ \cline { 2 - 4 } & 3 -Year & 5-Year & 7-Year \\ \hline 1 & 33.33% & 20.00% & 14.29% \\ \hline 2 & 44.45 & 32.00 & 24.49 \\ \hline 3 & 14.81 & 19.20 & 17.49 \\ \hline 4 & 7.41 & 11.52 & 12.49 \\ \hline 5 & & 11.52 & 8.93 \\ \hline 6 & & 5.76 & 8.92 \\ \hline 7 & & & 8.93 \\ \hline 8 & & & 4.46 \\ \hline \end{tabular}