n asset used in a four$-$year project falls in the five$-$year MACRS class for tax purposes. The asset has an acquisition cost of $$6,150,000$ and will be sold for $$1,350,000$ at the end of the project. If the tax rate is $25$ percent, what is the aftertax salvage value of the asset? Refer to Table $8\mathrm{.}3.$