Webster corporation is preparing its cash budget for april. the march 31 cash balance is $37,000. cash receipts are expected to be $647,000 and cash payments for purchases are expected to be $614,500. other cash expenses expected are $27,600 selling and $34,100 general and administrative. the company desires a minimum cash balance at the end of each month of $36,000. if necessary, the company borrows enough cash to meet the minimum using a short-term note. webster's preliminary cash balance before loan activity for april is expected to be