Strong Steel, Inc. is considering launching a new product in the coming year. Inis new 4-year project will cost $8,500,000 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 $830,000 salvage value. The firm has a 30 percent tax rate. What is the after-tax salvage value of the asset at year 4 ? $395,080$395,080$581,000$726,250