The equipment necessary for a 4 year project will cost $3,200,000 and can be sold for $685,000 at the end of the project. The asset is in the 5-year MACRS class. The depreciation percentage each year is 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%, respectively. The company's tax rate is 34 percent. What is the aftertax salvage value of the equipment? Multiple Choice $514,769 $452,100 $685,000 O O $640,106 $729,894