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: Fixed Cost Cost per per month $ 1,300 cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Car Washed $ 0.60 $ 0.08 $ 0.20 $ 0.30 $ 4,700 $ 8,100 $ 2,000 $ 1,600 $ 0.05 For example, electricity costs are $1,300 per month plus $0.08 per car washed. The company actually washed 8,600 cars in August and collected an average of $6.70 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 $ 0