Strong Steel, Inc. is considering launching a new product in the coming year. This new 4-year project will cost $5,500,000 of capital investments at time zero, which will be depreciated over the 4 year period based on the 3-year MACRS. Upon the project termination in year 4, the company expects to sell the assets for $860,000 salvage value. The firm has a 30 percent tax rate. What is the after-tax salvage value of the asset at year 4? $602.000 $481,600 $752,500 $349,160