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 Cost per Car Cleaning supplies Electricity Maintenance Wages and salaries per Month Washed $ 0.60 $ 1,100 $ 0.06 $ 0.25 $ 4,700 $ 0.30 $ 8,400 Depreciation Rent Administrative expenses $ 1,800 $ 1,300 $ 0.02 For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company actually washed 8.200 cars in August and collected an average of $6.70 per car washed. Required: Prepare the company's flexible budget for August. Lavage Rapide Flexible Budget For the Month Ended August 311 Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income $ 0