Question 7 Not yet answered An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $3,600,000 and will be sold for $1,100,000 at the end of the project. If the tax rate is 28 percent, what is the aftertax salvage value of the asset? (Round your final answer to the nearest dollar). Points out of 1.00 P Flag question Select one: O A. $622,080 O B. $1,233,818 O C. $966,182 O D. $2,977,920 O E. 814,560