Sound & Fury Entertainment (SFE) purchased an asset for $1,500,000. The asset is classified as a 7-year asset for purposes of depreciation using MACRS. The MACRS table values are 0.1429, 0.2449, 0.1749, 0.1249, 0.0893, 0.0892, 0.0893 and 0.0446 for Years 1 to 8, respectively. SFE sold the asset after four years. Using a 15% tax rate, what is the after-tax salvage value of the asset if SFE sells the asset for $350,000? $977,500 $367,790 $336,380 $ $332,210 $325,603