Waterway Company has $2,040$ pounds of raw materials in its December $31,2026,$ ending inventory. Required production for January and February of $2027$ are $4,080$ and $5,100$ units, respectively. Two pounds of raw materials are needed for each unit, and the estimated cost per pound is $$6.$ Management desires an ending inventory equal to $25\%$ of next month's materials requirements.

Prepare the direct materials budget for January.