Adelphi Company provides the following information for their first year of operations in 2018:

Sales, 10,000 units @ $20 each

Total production, 12,000 units

Production costs per unit:

Direct materials$3.00

Direct labor$2.00

Variable overhead$2.00

Fixed manufacturing overhead$12,000

Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold. (Round & enter final answer to the nearest whole dollar)