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: Fixed Cost per Month Cost per Car Washed $ 0.70 $ 0.06 $ 0.25 $ 0.30 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $1,300 COS $4,000 $8,100 $1,800 $1,500 $ 0.03 For example, electricity costs should be $1,300 per month plus $0.06 per car washed. The company actually washed 8,500 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 31 Revenue Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense Net operating income