Pharoah Ltd. estimates sales for the second quarter of 2022 will be as follows. Month Units April 2,290 May 2.390 June 2,160 The target ending inventory of finished products is as follows. March 31 1,800 April 30 1.980 May 31 1,960 June 30 2,100 Two units of materials are required for each unit of finished product Production for July is estimated at 2.410 units to start building inventory for the fall sales period. Pharoah's policy is to have an inventory of raw materials at the end of each month equal to 50% of the following month's production requirements Raw materials are expected to cost $4 per unit throughout the period. Calculate the May raw materials purchases in dollars. Raw material purchases cost $