Question: * An asset utilized in a 4 - year project falls in the MACRS class for tax purposes. The asset has an acquisition cost of

*An asset utilized in a 4-year project falls in the MACRS class for tax purposes. The asset has an acquisition cost of $5,100,000 and will be sold for $1,800,000 at the end of the project. If the tax rate is 21 percent, what is the After-Tax Salvage Value of the asset?
\table[[MACRS Percentage Schedule],[Year,Percentage],[1,20.00%
*An asset utilized in a 4-year project falls in the MACRS

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