The Andrews Company has just purchased $$45,544,000$ of plant and equipment that has an estimated useful life of $15$ years. The expected salvage value at the end of $15$ years is $$4,554,400.$ What will the book value of this purchase $($exclude all other plant and equipment$)$ be after its third year of use? $($Use FASB GAAP$)$

Select : $1$

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$$39,471,467$

$$36,435,200$

$$37,346,080$

$$32,791,680$