Nitro Corporation is preparing a quarterly direct material budget. The units produced for quarters 1,2,3, and 4 are 1,500, 2,300, 3,300, and 3,500 respectively. They need a total of 3 pounds of direct materials per unit produced, which costs $5 per pound. Nitro wants their ending direct material inventory to be 15% of next quarter's production requirements. What is the total cost of direct material purchases for the second quarter