During June, Tarras Corporation plans to serve 48,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served: Revenue: $4.42q Wages and salaries: $34,800+ $1.69q Supplies: $0.89q Insurance: $17,000 Miscellaneous expense: $5,800 + $0.59q Required: Prepare the company's planning budget for June. Tarras Corporation Planning Budget For the Month Ended June 30 Budgeted customers served Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income 48,000