Five-year MACRS Table:

Year	Depreciation Percentage
1	20.00%
2	32.00
3	19.20
4	11.52
5	11.52
6	5.76

After their pizza oven was stolen, the owners of The Rose bought a new oven for $2,650,000. The new pizza oven is expected to last for 4 years and can be sold for $307,000 at the end of its life. What is the after-tax salvage value of the pizza oven if The Roses tax rate is 35%?

Multiple Choice

• $359,822

• $199,550

• $254,178

• $307,000

• $252,974