Salvia Compeny recently purchased a truck The price negotianed with the dealer was $47,500 Salvia also paid sales tax of $3,500 on the purchase, shipping and preparation costs of $4,500, and insurance for the first yeer of operation of $5,500 At what amount should the truck be recorded on the balance sheet prior to recording depreciation O $55,500 O $51,000 O $47,500 O $52.000