14) Hilden Co. is considering a five-year project that will require $800,000 for new fixed assets that will be depreciated straight-line to a zero book value over 10 years. No bonus depreciation will be taken. At the end of the project, the fixed assets can be sold for $300,000. The project is expected to generate annual sales of $700,000 with costs of $350,000. The tax rate is 22 percent and the required rate of return is 13.2 percent. What is the amount of the aftertax salvage value?

A) $624,000

B) $546,000

C) $273,000

D) $234,000

E) $426,000