Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company's planning budget for May appears below: Puget Sound Divers Budgeted diving-hours (q) Revenue ($390.00q) Expenses: Wages and salaries ($11,000 + $122.00q) Planning Budget For the Month Ended May 31 250 $ 97,500 41,500 750 8,200 4,100 900 55,450 $ 42,050 Supplies ($3.009) Equipment rental ($2,200 + $24.00q) Insurance ($4,100) Miscellaneous ($530 + $1.48q) Total expense Net operating income During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income