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 Month Cost per Car Washed Cleaning supplies $ 0.50 Electricity $ 1,200 $ 0.06 Maintenance $ 0.15 Wages and salaries $ 4,800 $ 0.20 Depreciation $ 8,200 $ 2,100 $ 1,400 $ 0.03 Rent Administrative expenses For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company actually washed 8,600 cars in August and collected an average of $6.80 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 0 Net operating income $ 0