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 companys costs:

Fixed Cost per Month Cost per Car Washed $1,300 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $0.80 $0.07 $0.20 $0.30 $4,500 $8,200 $2,000 $1,300 $0.02 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.00 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