Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the companys costs:

Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost per Month Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Cost per Car Washed 0.60 0.06 0.30 0.40 S 1,400 4,100 8,300 $ 2,000 $ 1,500 0.04 For example, electricity costs are $1,400 per month plus $0.06 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.30 per car washed. Required Prepare the company's planning budget for August. vage Rapide 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