During May, Cockrel Corporation plans to serve 47,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

Revenue: $4.41q

Wages and salaries: $34,700 + $1.68q

Supplies: $.88q

Insurance: $16,000

Miscellaneous expense: $5,700 + $.58q

Required:

Prepare the company's planning budget for May.

Budgeted customers served _______

Reveune ________

Expenses:

Wages and salaries _______

Supplies ______ Insurance_______

Misc. Expense ________

Total expense ________

Net operating income ________