Magnolia, Inc., manufactures bedding sets. The budgeted production is for $15,600$ comforters this year. Each comforter requires $7$ yards of material. The estimated January $1$ beginning inventory is $3,560$ yards with the desired ending balance of $3,000$ yards of material. If the material costs $$4\mathrm{.}00$ per yard.

Determine the materials budget for the year.