During its first year of operations, Beta Company paid $16,000for direct material, $17,000 in wages for production workers, and$24,000 in wages for sales personnel. Lease payments and utilitieson the production facilities amounted to $7,000. General, selling,and administrative expenses were $6,000. The company owns al lmanufacturing equipment. The original cost of the equipment is$30,000 and has a salvage value of $5,000 after 5 years.Depreciation on sales car equals $6,000. The company produced 5,000units and sold 3,000 units at a price of $10.00 a unit. The cost of goods sold is which of the following amounts?