Salvia Company recently purchased a truck. The price negotiated with the dealer was $45,500. Salvia also paid sales tax of $3,100 on the purchase, shipping and preparation costs of $4,100, and insurance for the first year of operation of $5,100. At what amount should the truck be recorded on the balance sheet prior to recording depreciation expense? $52,700 O $45,500 O $48,600. O $49,600