Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreat. The following table provides estimates concerning the company's costs: $1,300 Cleaning upplies city Maintenance Wages and salaries Depreciation cost per car Hanted 90.50 00.05 60.15 10.40 54,900 8.200 $2,200 $1,700 Administrative expenses 50.02 For example, electricity costs should be $1300 per month plus $0.05 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.20 per car washed Required: Prepare the company's planning budget for August. Lavage Rapid Planning Budget For the Month End August 31 Revenue Expenses Clearing supplies Electricity Maintenance August and to co Required: Prepare the company's planning budget for August. Lavage 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 0 0 $