South Loop Bikes (SLB) purchases bicycle components in the month prior to assembling them into bicycles. Assembly is scheduled one month prior to budgeted sales. SLB pays 75% of component costs in the month of the purchase and 25% of the costs in the following month. Component costs included in budgeted cost of sales are:

AprilMayJuneJulyAugust

$5,000$6,000$7,000$8,000$8,000

What is SLB's budgeted cash payment for components in May?