Beta Company manufactures steel. The first-in, first-out equivalent units for December are 15,000. The costs in beginning work-in-process are $2,400, and the costs added in December are $60,000. The units started and completed are 11,000. At the beginning of the period, there are 3,600 units in beginning work-in-process, 65% complete. Calculate the cost of goods completed and transferred out.