Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs: Fixed Cost Cost pel per Car Month Washed Cleaning supplies $0.80 Electricity $ 1,200 $ 0.15 Maintenance $0.20 Wages and salaries $5,000 $0.30 Depreciation $6,000 Rent $8,000 Administrative $4,000 $ 010 expenses For example, electricity costs are $1,200 per month plus $0.15 per car washed. The company actually washed 8,800 cars in August and expects to collect an average of $4.90 per car washed. Required: Complete 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 $ 10