Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $39,600. Cash receipts are expected to be $657,000 and cash payments for purchases are expected to be $616,500. Other cash expenses expected are $28,600 selling and $35100 general and administrative. The company desires a minimum cash balance at the end of each month of $30,000. 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 $80,100 $110,100 0 $16,400