SmartX is considering a five-year expansion project that requires an initial fixed asset investment of $3om. The fixed asset will be fully depreciated straight-line to zero over its five-year tax life. The marginal tax rate is 35% and the fixed asset will have a market value of $5m at the end of the project. What is the after-tax salvage value of the fixed asset? (if your answer is 4.97m, type in 4.97)