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: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Fixed Cost Cost per Car per Month Washed $ 0.40 $ 1,100 $ 0.06 $ 0.25 $ 4,400 $ 0.40 $ 8,000 $ 1,900 $ 1,700 $ 0.03 Rent Administrative expenses For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.50 per car washed. Required: Prepare the company's planning budget for August. Lavage Rapide Planning 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 0 0