A company has a beginning Work in Process Inventory of 20,000 units, 80% complete as to materials and 40% complete as to conversion costs. During the period, 40,000 units were completed and transferred to Finished Goods. The ending Work in Process inventory were 15,000 units, 60% complete as to materials and 30% complete as to conversion costs. What are the equivalent units for the conversion costs assuming the company uses the FIFO method?