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 ($420.00q)	$	105,000
Expenses:
Wages and salaries ($11,600 + $126.00q)		43,100
Supplies ($6.00q)		1,500
Equipment rental ($2,200 + $23.00q)		7,950
Insurance ($4,100)		4,100
Miscellaneous ($520 + $1.44q)		880
Total expense		57,530
Net operating income	$	47,470

Required:

During May, the companys activity was actually 240 diving-hours. Complete the following flexible budget for that level of activity. (Round your final answer to nearest dollar amount.)

Revenue

Wages and Salaries

Supplies

Equipment rental

Insurance

Miscellaneous

Total Expenses

Net Operating Income