Lito Fray Company produces potato chips. The company expects to sell 45,000 bags of chips for $3 each in 2018 . The expected cost of potatoes is $0.60 per pound. Each bag of chips requires 1.8 pounds of potatoes. Direct labor is $0.20 per bag and manufacturing overhead is $0.65 for each bag. The following inventory levels apply to 2018 (there are no work in process inventories): What is the expected cash expenditure for potato purchases in 2018