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)		200
Revenue ($430.00q)	$	86,000
Expenses:
Wages and salaries ($11,500 + $124.00q)		36,300
Supplies ($5.00q)		1,000
Equipment rental ($2,200 + $21.00q)		6,400
Insurance ($4,000)		4,000
Miscellaneous ($520 + $1.50q)		820
Total expense		48,520
Net operating income	$	37,480

Required:

During May, the companys activity was actually 190 diving-hours. Complete the following flexible budget for that level of activity.