An asset used in a three-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $874581 and will be sold for $122874 (before tax) at the end of the project, at the end of year 3. If the tax rate is 40%, what is the aftertax salvage value of the asset? MACRS 5-year equipment Rate 20.00% 32.00% 19.20% 11.52% 11.52% 576% Year 2 3 4 6