Rensing Ltd. estimates sales for the second quarter of 2020 will be as follows.

Month Units

April 2,590

May 2,450

June 2,400

The target ending inventory of finished products is as follows.

March 31 2,030

April 30 2,270

May 31 2,160

June 30 2,320

2units of material are required for each unit of finished product. Production for July is estimated at2,620units 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 to70% of the following month's production requirements.

Raw materials are expected to cost $4per unit throughout the period.

Calculate the May raw materials purchases in dollars.

Raw material purchases cost: $