Show Me How Direct Materials Purchases Budget Seranno Inc budgeted production of 45,000 personal Journals in 2076 Paper is required to produce a outral, Assume square Yards of paper are required for each journal, The January 1, 2045, paper inventory is 99,000 square Yards. The desired December 31, 2046, paper inventory is 87,000 squareyards. If paper costs $0.00 per square yard, determine the direct materials purchases budget for 2016. If required, round your finalnemer to the nearest dollar heck My Work