55. On January 1, 2014, Joy Company purchased a delivery truck for $70,000. They estimated the useful life of the truck to be 6 years, and the salvage value to be $13,000. On July 1, 2019, they sold the truck for a loss of $1,800. Assuming the company uses straight line depreciation, calculate the selling price of the truck. A) $14,750 B) $16,550 C) $12,950 D) $22,500