The following budgeted information is provided: Month Sales in units 3 25,00030,000 28,000 26,00032,000 25,000 In units One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs. At the beginning of Month 1, there was 5,200 lbs. of materials on hand. Purchases of raw materials for Month 1 would be (in pounds): O 35,000 37,400. O 27200. O 32,000