Given the following data: Cost of materials used.. $45,000 Direct labor costs.... 48,000 Factory overhead. 39,000 Work in process, beginning.... 28,000 Work in process, ending..... 18,000 Finished goods, beginning.... 28,000 Finished goods, ending..... 18,000 What is the cost of goods sold? o $142,000 o $152,000 o $10,000 o $128,000 Which of the following is considered a sunk cost? o purchase price of new equipment o land o equipment rental for the production area o net book value of equipment that has no market value