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 ($460.00q)	$ 138,000
Expenses:
Wages and salaries ($11,400 + $130.00q)	50,400
Supplies ($4.00q)	1,200
Equipment rental ($2,000 + $23.00q)	8,900
Insurance ($4,000)	4,000
Miscellaneous ($510 + $1.44q)	942
Total expense	65,442
Net operating income	$ 72,558

During May, the companys actual activity was 290 diving-hours.

Required:

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

Puget Sound DiversFlexible BudgetFor the Month Ended May 31

Actual diving-hours290

RevenueExpenses:

Wages and salaries

Supplies

Equipment rental

Insurance

Miscellaneous

Total expense

Net operating income