Coronado Chemicals has developed a new window cleaner that requires two ingredients, AM972 and CA38. Based on forecasted sales, Coronado has developed the following budgeted production for the coming year. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter Next Year Forecasted production (gallons) 5,000 7,000 9,500 14,500 6,000 Each gallon of window cleaner requires 100 ounces of AM972 and 28 ounces of CA38. An ounce of AM972 costs Coronado $0.10. An ounce of CA38 costs the company $0.25. Coronado's inventory policy requires ending inventory equal to 30% of the next quarter's production needs. At the beginning of the year, Coronado expects to have 80,000 ounces of AM972 and 30,000 ounces of CA38 on hand. Prepare Coronado's AM972 purchases budget for the coming year. (Enter price per ounce to 2 decimal places, eg. 0.35.) 1st Quarter 2nd Quarter 3rd Quarter 2 1st Quarter 2nd Quarter 3rd Quarter $ $ $ $ $ production needs. At the beginning of the year, Coronado expects to have 80,000 ounces of AM972 and 30,000 ounces of CA38 on hand. Prepare Coronado's AM972 purchases budget for the coming year. (Enter price per ounce to 2 decimal places, e.g. 0.35.) $ 2nd Quarter 3rd Quarter I 4th Quarter $ $ $ $ Annual