Help solve using Excel. how do you get the MACRS $5.$ An asset used in a four$-$year project falls in the five$-$year MACRS class for tax purposes.

The asset has an acquisition cost of $$4,950,000$ and will be sold for $$1,475,000$ at the

end of the project. If the tax rate is $23$ percent, what is the aftertax salvage value of the

asset? Refer to Table $10\mathrm{.}7.($Do not round Intermedlate calculations and enter your

answer In dollars, not millions of dollars, rounded to the nearest whole number, e$.$g$.,$

$1,234,567.)$

Aftertax salvage value