Lavage Rapide 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 Cleaning supplies $ 0.60 Electricity $ 1,200 $ 0.10 Maintenance $ 0.20 Wages and salaries $ 4,700 $ 0.40 Depreciation $ 8,100 Rent $ 1,800 Administrative expenses $ 1,400 $ 0.01 For example, electricity costs should be $1,200 per month plus $0.10 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $6.70 per car washed. Required: Prepare the company's planning budget for August. 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 expenses Net operating income 0 $ 0