Power Manufacturing has equipment that it purchased 5 years ago for $2,850,000. The equipment was used for a project that was intended to last for 7 years. However, due to low demand, the project is being shut down. The equipment was depreciated using the straight-line method and can be sold for $460,000 today. The company's tax rate is 21 percent. What is the aftertax salvage value of the equipment? Multiple Choice $534,400 O $644,000 O $318.286 O $460,000 $530,857