On January 1, 2017, Ajax Corporation sold a truck for $28,000 cash. The original purchase price was $45,000 and accumulated depreciation at the time of sale was $7,000. The beginning balance of the Equipment account was $100,000 and no other Equipment transactions occurred during the year. Calculate the ending balance of the account Click the answer you think is right. $93,000 $55,000 $72,000 $83,000