Sheridan Company budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels are planned for the fiscal year of July 1, 2019 to June 30, 2020:

	June 30, 2020	June 30, 2019
Raw Materials	3000 kilos	2000 kilos

Three kilos of raw materials are needed to produce each unit of finished product. If Sheridan Company plans to produce 480000 units during the 2019-2020 fiscal year, how many kilos of materials will the company need to purchase for its production during the year?

1438000

1441000

1440000

1446000