Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's cos Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Administrative expenses Rent Fixed Cost per Month $ 1,200 $ 5,000 $ 6,000 $ 8,000 $ 4,000 Cost per Car Washed $ 0.80 $ 0.15 $ 0.20 $0.30 $ 0.10 For example, electricity costs should be $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. The company actually washed 8,800 cars in August.

Lavage Rapide owns and operates a large automatic car wash facility near Montreal. The following table provides estimates concerning the company's co' For example, electricity costs should be $1,200 per month plus $0.15 per car washed. The company expects to wash 9,000 cars in August and to collect an average of $4.90 per car washed. The company actually washed 8,800 cars in August. \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Lavage Rapide } \\ \hline \multicolumn{1}{|c|}{ For the Month Ended August 31} \\ \hline Revenue \\ \hline Expenses: \\ \hline Cleaning supplies \\ \hline Electricity \\ \hline Maintenance \\ \hline Wages and salaries \\ \hline Depreciation \\ \hline Rent \\ \hline Administrative expenses \\ \hline Total expenses \\ \hline Net operating income \\ \hline \end{tabular}