Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses per Month Fixed Cost Cost per Car Washed $ 0.70 $ 1,400 $ 0.06 $ 0.15 $ 4,400 $ 0.40 $ 8,200 $ 2,000 $ 1,500 $ 0.03 For example, electricity costs are $1,400 per month plus $0.06 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $5.90 per car washed. Required: Prepare the company's planning budget for August.