Lavage Rapide is a Canadian company that owns and operates a large automatic car waski facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month 1 Cost per Car Washed $ 0.70 $ 0.10 $ 0.25 $ 0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,400 $4,900 $8,300 $2,100 $1,400 $ 0.05 For example, electricity costs are $1,400 per month plus $0.10 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.80 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue S Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income