Crane Ltd. estimates sales for the second quarter of 2020 will be as follows.

Month		Units
April		2,600
May		2,500
June		2,380

The target ending inventory of finished products is as follows.

March 31		2,030
April 30		2,290
May 31		2,140
June 30		2,380

2 units of material are required for each unit of finished product. Production for July is estimated at 2,780 units to start building inventory for the fall sales period. Cranes policy is to have an inventory of raw materials at the end of each month equal to 50% of the following months production requirements. Raw materials are expected to cost $5 per unit throughout the period. Calculate the May raw materials purchases in dollars