Consider an asset that costs $840,000 and is depreciated straight-line to zero over its six-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $102,000. If the relevant tax rate is 25 percent, what is the after-tax salvage value?

Select one:

A. $102,000

B. $146,500

C. $180,000

D. $197,500

E. $280,000