During September, Clendennen Corporation budgeted for 28,000 customers, but actually served 26,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:

Revenue: $4.83q

Wages and salaries: $35,300 + $1.74q

Supplies: $0.64q

Insurance: $12,300

Miscellaneous expense: $5,300 + $0.14q

Required:

Prepare the company's flexible budget for September based on the actual level of activity for the month.

Actual customers served Revenue Expenses: Wages and salaries Supplies Insurance Miscellaneous expense Total expense Net operating income