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Webster Corporation is preparing its cash budget for April. The Match 31 cash balance is $38,000. Cash receipts are expected to be $649.000 and cash

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Webster Corporation is preparing its cash budget for April. The Match 31 cash balance is $38,000. Cash receipts are expected to be $649.000 and cash payments for purchases are expected to be $612.500. Other cast expenses expected are $27,800 selling and $34 300 general and administrative. The company desresa 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. The amount Webster must borrow during Aprilis Multiple Choice so $26600 512.000 O $112.500

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