Oriole Company applies revaluation accounting to plant assets with a carrying value of $$1792000,$ an estimated useful life of $4$ years, and no salvage value. Depreciation is calculated using the straight$-$line method. At the end of year $1,$ independent appraisers determine that the asset has a fair value of $$1692000.$ The entry to record depreciation for this same asset in year two will include a

debit to Depreciation Expense for $$448000.$

debit to Depreciation Expense for $$564000.$

debit to Accumulated Depreciation for $$448000.$

credit to Accumulated Depreciation for $$348000.$