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: Cost per Fixed Cost per Month Car Washed $1,100 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.80 $ 0.09 $ 0.20 $ 0.30 $4,100 $ 8,500 $2,000 $1,700 $ 0.04 For example, electricity costs should be $1,100 per month plus $0.09 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.70 per car washed. Doamired. 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