The purchase prices of rubber and steel are $3.60 and $4.70 per pound, respectively. The desired ending inventories of rubber and steel belts are 68,000 and 15,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 79,000 and 12,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31,20Y