Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal The following table provides estimates concerning the company's costs: For example, electricty costs should be $1,400 per month plus $007 per cat washed. The company expects to wash 8,300 cars in August and to collect an average of $610 per car washed. Required: Prepare the companys planning budget for August. \begin{tabular}{|l|} \hline \multicolumn{1}{|c|}{ Lavage Rapide } \\ \hline \multicolumn{1}{|c|}{ For the Month Ended August 31} \\ \hline Revenue \\ \hline Expenses: \\ \hline Cleaning supplies \\ \hline Electricity \\ \hline Maintenance \\ \hline Wages and salaries \\ \hline Depreciation \\ \hline Rent \\ \hline Administrative expenses \\ \hline Total expense \\ \hline Net operating income \\ \hline \end{tabular}