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: cleaning supplies Electricity Maintenance Wages and salaries. Depreciation Rent Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.80 $1,200 $ 0.10 $ 0.25 $ 4,200 $ 0.30 $ 8,300 $ 2,000 $1,500 $ 0.03 For example, electricity costs should be $1,200 per month plus $0.10 per car washed. The company actually washed 8,100 cars in August and collected an average of $6.70 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 Net operating income $