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 ($400.00q) $ 140,000

Expenses:

Wages and salaries ($11,400 + $122.00q) 54,100

Supplies ($4.00q) 1,400

Equipment rental ($2,200 + $21.00q) 9,550

Insurance ($4,000) 4,000

Miscellaneous ($540 + $1.44q) 1,044

Total expense 70,094

Net operating income $ 69,906

During May, the companys actual activity was 340 diving-hours.

Required:

Prepare a flexible budget for May. (Round your answers to the nearest whole number.)