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 Cleaning supplies $ 0.50 Electricity $ 1,400 $ 0.08 Maintenance $ 0.25 Wages and salaries $ 4,400 $ 0.30 Depreciation $ 8,100 Rent $ 2,000 Administrative expenses $ 1,500 $ 0.03 For example, electricity costs are $1,400 per month plus $0.08 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $6.70 per car washed.

Required: Prepare the companys planning budget for August.