Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $37,200. Cash receipts are expected to be $649,000 and cash payments for purchases are expected to be $616,500. Other cash expenses expected are $27800 selling and $34 300 general and administrative The company desires a minimum cash balance at the end of each month of $38,000. 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 Aprilis expected to be $30,400 $7,600 ($29,600) $38,000. $69.700 Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $37,200. Cash receipts are expected to be $649,000 and cash payments for purchases are expected to be $616,500. Other cash expenses expected are $27800 selling and $34 300 general and administrative The company desires a minimum cash balance at the end of each month of $38,000. 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 Aprilis expected to be $30,400 $7,600 ($29,600) $38,000. $69.700