Exercise 5-14 Mackenzie Chemicals has developed a new window cleaner that requires two ingredients, AM972 and CA38. Based on forecasted sales, Mackenzie has d year the following budgeted production for the coming 1st Quarter 5,520 2nd Quarter 8,300 3rd Quarter 9,780 4th Quarter 13,260 1st Quarter Next Year 7,000 Forecasted production (gallons) Each gallon of window cleaner requires 150 ounces of AM972 and 25 ounces of CA38. An ounce of AM972 costs Mackenzie $0.15. An ounce of CA38 costs the company $0.24. Mackenzie's inventory policy requires ending inventory equal to 20 percent of the next quarter's production needs. At the beginning of the year, Mackenzie expects to have 80,000 ounces of AM972 and 30,000 ounces of CA38 on hand Prepare Mackenzie's AM972 purchases budget for the coming year. (Round answers to 0 decimal places, e.g. 5,275 and enter price per ounce to 2 decimal places, e.g. 0.35.) Ist Quarter 2nd Quarter 3rd Quarter 4th Quarter Annual