Rensing Ltd. estimates sales for the second quarter of 2017 will be as follows.

Month Units

April 2,550

May 2,675

June 2,390

The target ending inventory of finished products is as follows.

March 312,000

April 302,230

May 312,200

June 302,310

2 units of material are required for each unit of finished product. Production for July is estimated at 2,700 units to start building inventory for the fall sales period. Rensing'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$