How will Andrews depreciate the $59M plant purchase over 15 years?

The Andrews Company has just purchased $59,068,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $5,906,800. 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)

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•  $7,875,733

•  $3,937,867

•  $7,088,160

•  $3,544,080