Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides dota concerning the company's costs: Fixed Cost per Month Cost per Car Washed $0.50 $ 0.02 $ 0.15 50.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 51,300 54,500 58,300 $2,000 $1,400 $ 0.02 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.10 per car washed Required: Prepare the company's flexible budget for August Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense 0 Net operating income $ 0