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)		300
Revenue ($380.00q)	$	114,000
Expenses:
Wages and salaries ($11,100 + $122.00q)		47,700
Supplies ($4.00q)		1,200
Equipment rental ($2,300 + $23.00q)		9,200
Insurance ($3,900)		3,900
Miscellaneous ($520 + $1.50q)		970
Total expense		62,970
Net operating income	$	51,030

Required:

During May, the companys activity was actually 290 diving-hours. Complete the following flexible budget for that level of activity

Puget Sound Divers
Flexible Budget
For the Month Ended May 31
Revenue
Expenses:
Wages and salaries
Supplies
Equipment rental
Insurance
Miscellaneous
Total expense	0
Net operating income	$0