Break$-$even salvage value

Suppose that Kittle Co$.$ is a U$.$S$.$ based MNC that is considering setting up a subsidiary in Singapore. Kittle would like this subsidiary to produce and

sell guitars locally in Singapore, and needs assistance with capital budgeting. The duration of this project is four years, with an initial investment of

$S$$$10,000,000($Singapore dollars$).$ The required rate of return is expected to be $15\mathrm{.}00\%$ for all four years of the project.

Which of the following most closely approximates the break$-$even salvage value?