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 per Month Car Washed Cleaning supplies $ 0.40 Electricity $ 1,400 $ 0.05 Maintenance $ 0.25 Wages and salaries $ 4,900 $ 0.30 $ 8,200 $ 2,200 $ 1,600 $ 0.03 Depreciation Rent Administrative expenses For example, electricity costs are $1,400 per month plus $0.05 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.00 pe 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 0 Net operating income $ 0