Chandler Ltd. estimates sales for the second quarter of 2014 will be as follows.

Month		Units
April		2,530
May		2,480
June		2,320

The target ending inventory of finished products is as follows.

March 31		2,010
April 30		2,230
May 31		2,160
June 30		2,390

2 units of material are required for each unit of finished product. Production for July is estimated at 2,740 units to start building inventory for the fall sales period. Chandlers policy is to have an inventory of raw materials at the end of each month equal to 60% of the following months production requirements. Raw materials are expected to cost $4 per unit throughout the period. Calculate the May raw materials purchases in dollars.