Art galleries sell paintings for a wide range of prices, based on popularity of the artwork. Data collected on the sales of paintings were used to calculate the model ŷ = 1.16(1.024)x, where x represents the age of the painting in years and ŷ represents its predicted selling price in thousands of dollars. Predict the selling price for a work that was painted 90 years ago.

$9,805,150
$5,348,292
$53,483
$9,805