Mercurius sells bicycles. The following data relates to the most recent quarterly sales forecast: Expected Sales Target Inventory at (units) End of Month (units) June 1,450 345 July 1,615 460 August 1,667 454 Mercurius' cost for one bicycle is $130. What dollar amount should the company budget for July purchases? (Answer without comma separators, e.g., 1000 instead of 1,000)