Question 3 1 pts A property is sold for $6,700,000 and the mortgage balance at the time of sale is $3,600,000. The property was purchased 5 years ago for $4,820,000. Annual depreciation allowances of $120,000 have been taken. The tax rate on capital gains is 15% and the tax rate on depreciation recapture is 25%. What is the after-tax cash flow to equity associated with the sale of the property