Marigold Corp. budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels are planned for the fiscal year of July 1, 2016 to June 30, 2017:

June 30, 2017June 30, 2016Raw Materials4000 kilos1000 kilos

Three kilos of raw materials are needed to produce each unit of finished product. If Marigold Corp. plans to produce 470000 units during the 2016-2017 fiscal year, how many kilos of materials will the company need to purchase for its production during the year?

1410000

1409000

1418000

1413000