Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,900. Cash receipts are expected to be $646,000 and cash payments for purchases are expected to be $613,500. Other cash expenses expected are $27,500 selling and $34,000 general and administrative. The company desires a minimum cash balance at the end of each month of $35,000. If necessary, the company borrows enough cash to meet the minimum cash balance using a short-term note. Webster's preliminary cash balance before loan activity for April is expected to be: $7,900. ($29,000). $35,000. $69,400. $27,100.