Q2 An asset used in a 4-year project falls in the 5-year MACRS class (MACRS Table) for tax purposes. The asset has an acquisition cost of $10,980,000 and will be sold for $2.440,000 at the end of the project. Required If the tax rate is 33 percent, what is the aftertax salvage value of the asset? $2.260,924 $1634,800 $2.619,076 $2,373,970 $2,147.877 Year Seven-Year 1 2 Property Class Three-Year Five-Year 33.33% 20.00% 44.45 32.00 14.81 19.20 7.41 11.52 11.52 5.76 3 4 5 14.29% 24.49 17.49 12.49 8.93 8.92 8.93 4,46 6 7 8