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 Cost per Car Month Washed Cleaning supplies $ 0.50 $ Electricity $ 0.06 1,400 Maintenance $ 0.25 Wages and salaries 4,200 $ 0.20 $ Depreciation 8,100 t Rent $ 2,100 $ 1,300 $ 0.02 nce Administrative expenses For example, electricity costs are $1,400 per month plus $0.06 per car washed. The company actually washed 8,200 cars in August and collected an average of $6.10 per car washed. 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 ol Net operating income $ 0