Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs Fixed Cost Cost per per Month Car Washed Cleaning supplies 0.50 Electricity 1,400 $0.05 Maintenance $0.25 $0.30 Wages and salaries 4,600 8,300 Depreciation Rent 2,100 Administrative expenses 1,700 0.02 For example, electricity costs are $1,400 per month plus $0.05 per car washed. The company expected to wash 8,400 cars in August and to collect an average of $6.10 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,500 53,340 Revenue Expenses Cleaning supplies 4.700 Electricity 1,790 Maintenance 2.340 Wages and salaries 7.480 Depreciation 8.300 Rent 2.300 1,768 Administrative expenses 28,678 Total expense 24,662 Net operating income