Leisure vacations is considering a project with a life of 5 years that will require the purchase of $1. 4 million in new 5-year macrs equipment. The macrs rates are 20 percent, 32 percent, 19. 2 percent, 11. 52 percent, 11. 52 percent, and 5. 76 percent for years 1 to 6, respectively. Ignore bonus depreciation. The firm desires a minimum 14 percent rate of return and the tax rate is 22 percent. The equipment can be sold at the end of the project for an estimated $225,000. What is the amount of the aftertax salvage value?.