Miracle Car Wash located in Nashville, Tennessee has been providing interior and exterior car washes since 1960. Provided below is information regarding Miracle's costs: Fixed Cost Cost per Car Washed per Month Cleaning supplies $0.40 Electricity $1,200 $0.08 Maintenance $0.30 Wages and salaries $4,800 $0.30 Depreciation $8,000 Rent $2,000 Administrative expenses $1,500 $0.05 For example, electricity costs are $1,200 per month plus $0.08 per car washed. The company expects to wash 8,300 cars in August and to collect an average of $5.90 per car washed. Required: Prepare the company's planning budget for August.