The Andrews Company has just purchased $44,168,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $4,416,800. What will the accumulated depreciation expense for this purchase (exclude all other plant and equipment) be after its second year of use? (Use FASB GAAP) Select: 1 $2,944,533 $5,300,160 $2,650,080 $5,889,067