7 The company's planning budget for May appears below: For the Month Ended May - Budgeted diving-hours (q) 200 Revenue ($410.00q) _ $ 82,000 Expenses: Wages and salaries ($11,300 + $126.00q) 36,500 Supplies ($4.00q) 800 Equipment rental ($2,400 + $23.00q) 7,000 Insurance ($3,800) 3,800 Miscellaneous ($510 + $1.44q) 798 Total expense ' 48,898 Net operating income $ 33,102 During May, the company's actual activity was 190 diving-hours. Required: ; Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Wages and salaries - | Equipment rental . 7 &