Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company's costs Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses $ 0.80 $ 0.06 S 0.30 s 0.40 s 1.200 $ 4,200 $ 8,500 $ 2,000 1,700 $ 0.01 For example, electricity costs are $1.200 per month plus S0 06 per car washed. The company expects to wash 8,000 cars in August and to collect an average of $6.40 per car washed The actual operating results for August appear below Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed Revenue 8,100 $ 53,300 Expenses: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses 6,900 1.650 2.640 7,760 8,500 2.200 1680 1.330 21,970 Total expense Net operating income Type here to search