Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,200. Cash receipts are expected to be $639,000 and cash payments for purchases are expected to be $606,500. Other cash expenses expected are $26,800 selling and $33,300 general and administrative. The company desires a minimum cash balance at the end of each month of $28,000. 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: