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: Fixed Cost per Cost per Month Car Washed Cleaning supplies $ 0. 60 Electricity $ 1, 100 $ 0. 07 Maintenance $ 0. 10 Wages and salaries $ 4,900 $ 0. 30 Depreciation $ 8, 400 Rent 2 , 100 Administrative expenses 1 , 300 $ 0.02 For example, electricity costs should be $1,100 per month plus $0.07 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.20 per car washed. Required: Prepare the company's planning budget for August. Lavage Rapide Planning Budget For the Month Ended August 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense O O Net operating income $