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 Electricity Maintenance Wages and salaries: $0.50 $1,400 $0.10 $0.25 $4,700 $0.30 Depreciation $8,400 Rent $1,900 Administrative expenses $1,700 $0.04 For example, electricity costs are $1,400 per month plus $0.10 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $5.90 per car washed. The actual operating results for August are as follows: Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed Revenue Expenses: cleaning supplies Electricity Maintenance Wages and salaries) Rent Depreciation Administrative expenses Total expense Net operating income. 8,400 $51,070 4,650 2,200 2,315 7,550 8,400 2,100 1,932 29,147 521,923