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 Cost per per Month Car Washed Cleaning supplies $ 0. 60 Electricity $ 1, 100 $ 0. 08 Maintenance $ 0. 20 Wages and salaries $ 4, 800 $ 0. 30 Depreciation $ 8,500 Rent $ 1, 900 Administrative expenses $ 1, 500 $ 0.01 - For example, electricity costs are $1,100 per month plus $0.08 per car washed. The company actually washed 8,100 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 31Help Sav 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 Net operating income