Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $35,700. Cash receipts are expected to be $634,000 and cash payments for purchases are expected to be $601,500. Other cash expenses expected are $26,300 selling and $32,800 general and administrative. The company desires a minimum cash balance at the end of each month of $23,000. 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: Multiple Choice $9,100. $13,900. $23,000. ($26,600). $68,200