MACRS Depreciation Allowances Property Class Year 3-Year 5-Year 7-Year 33.33% 20.00% 14.29% 2 44.45 32.00 24.49 1 3 14.81 19.20 17.49 4 7.41 11.52 12.49 5 11.52 8.93 6 5.76 8.92 7 8.93 8 4.46 A four year project involves equipment costing $2,770,000 that will be depreciated using the seven-year MACRS schedule. If the estimated pre- tax salvage value for the equipment at the end of the project's life is $415,500, what is the after-tax salvage value for the equipment? Assume a marginal tax rate of 34 percent. O $568,448 $467,502 O $152.948 $262,552