1 Miracle Car Wash located in Nashville, Tennessee has been providing interior and exterior car washes since 1960. Provided below is information regarding Miracle's costs 20 pot Fixed cost per Month cost per $1,400 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Car Washed $8.te $9.09 $8.20 $ 0.28 eBook $4,70 53.3 $ 2.ee $ 1 S s@.3 Mint For example, electricity costs are $1,400 per month plus $0.09 per car washed. The company expects to wash 8.100 cars in August and to collect an average of $6.50 per car washed Required: Prepare the company's planning budget for August Miracle Car Wash Planning Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income