Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,600. Cash receipts are expected to be $643,000 and cash payments for purchases are expected to be $610,500. Other cash expenses expected are $27,200 selling and $33,700 general and administrative. The company desires a minimum cash balance at the end of each month of $32,000. 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: