Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The companys planning budget for May appears below:

Puget Sound Divers Planning Budget For the Month Ended May 31
Budgeted diving-hours (q)		250
Revenue ($410.00q)	$	102,500
Expenses:
Wages and salaries ($11,500 + $130.00q)		44,000
Supplies ($4.00q)		1,000
Equipment rental ($2,500 + $24.00q)		8,500
Insurance ($4,100)		4,100
Miscellaneous ($530 + $1.50q)		905
Total expense		58,505
Net operating income	$	43,995

During May, the companys actual activity was 240 diving-hours.

Prepare a flexible budget for May.