Finance H.W Help!

Problem 9-22 Salvage Value (LO3) Your firm purchased machinery with a 7-year MACRS life for $10.30 million. The project, however, will end after 5 years. If the equipment can be sold for $4.80 million at the completion of the project, and your firm's tax rate is 30%, what is the after-tax cash flow from the sale of the machinery? Use the MACRS depreciation schedule. (Enter your answer in dollars, not in millions.) After-tax cash flow