Adelphi Company provides the following information for their first year of operations in 2018: Sales, 8,000 units @ $15 each Total production, 11,000 units Production costs per unit: Direct materials $3.00 Direct labor $2.00 Variable overhead $2.00 Fixed manufacturing overhead $14,000 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)