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: For example, electricity costs are $1,400 per month plus $0.07 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.80 per car washed. Required: Prepare the company's planning budget for August. \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Lavage Rapide } \\ \multicolumn{1}{|c|}{ Planning Budget } \\ \hline \multicolumn{1}{|c|}{ For the Month Ended August 31} \\ \hline & \\ \hline & \\ \hline Revenue & \\ \hline Expenses: & \\ \hline Cleaning supplies \\ \hline Electricity & \\ \hline Maintenance & \\ \hline Wages and salaries & \\ \hline Depreciation & \\ \hline Rent & \\ \hline Administrative expenses & \\ \hline Total expense & 0 \\ \hline Net operating income & 0 \\ \hline \end{tabular}