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: Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Fixed Cost per Month Cost per Car Washed $ 0.70 $1,200 $ 0.09 $ 0.20 $4,000 $ 0.30 $8,100 $2,000 $1,400 $ 0.01 For example, electricity costs are $1,200 per month plus $0.09 per car washed. The company actually washed 8,500 cars in August and collected an average of $6.20 per car washed. Required: Prepare the company's flexible budget for August. Miracle Car Wash Flexible Budget