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				$	0.60
Electricity	$	1,200		$	0.06
Maintenance				$	0.15
Wages and salaries	$	4,200		$	0.40
Depreciation	$	8,400
Rent	$	2,200
Administrative expenses	$	1,700		$	0.03

For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company actually washed 8,400 cars in August and collected an average of $6.00 per car washed.

Required:

Prepare the companys 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