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: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.50 Electricity $ 1,200 $ 0.10 Maintenance $ 0.20 Wages and salaries $ 4,100 $ 0.40 Depreciation $ 8,200 Rent $ 2,100 Administrative expenses $ 1,500 $ 0.01 For example, electricity costs should be $1,200 per month plus $0.10 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.40 per car washed. The actual operating results for August are as follows: Lavage Rapide For the Month Ended August 31 Income Statement Actual cars washed Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income 8,100 $53,300 4,500 1,970 1,840 7,660. 8,200 2,300 1,480 27,950 $ 25,350