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) 350 Revenue ($460.00q) $ 161,000 Expenses: Wages and salaries ($12,000 + $124.00q) 55,400 Supplies ($3.00q) 1,050 Equipment rental ($2,100 + $22.00q) 9,800 Insurance ($3,900) 3,900 Miscellaneous ($520 + $1.48q) 1,038 Total expense 71,188 Net operating income $ 89,812 During May, the companys actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number.