Perine Company has 3,822 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,550 and 5,730 units, respectively. 3 pounds of raw materials are needed for each unit, and the estimated cost per pound is $6. Management desires an ending inventory equal to 28% of next months materials requirements. Prepare the direct materials budget for January.