Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the companys costs:

Fixed Cost per Month

Cost per Car Washed

Cleaning supplies				$	0.60
Electricity	$	1,000		$	0.08
Maintenance				$	0.20
Wages and salaries	$	4,200		$	0.30
Depreciation	$	8,300
Rent	$	2,000
Administrative expenses	$	1,400		$	0.04

For example, electricity costs are $1,000 per month plus $0.08 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.00 per car washed.

Required:

Complete the companys planning budget for August.

Please show work for inputs.

Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses Cleaning supplies Maintenance Wages and salaries Depreciation Administrative expenses Total expense Net operating income