The Andrews Company has just purchased $58,400,000 of plant and equipment that has an estimated usef expected salvage value at the end of 15 years is $5,840,000What will the accumulated depreciation expen (exclude all other plant and equipment) be after its second year of use? (Use FASB GAAP) Select: 1 $ 7,786,667 $ 3,893,333 $ 7,008,000 $ 3,504,000