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)	400
Revenue ($430.00q)	$ 172,000
Expenses:
Wages and salaries ($11,200 + $120.00q)	59,200
Supplies ($6.00q)	2,400
Equipment rental ($2,500 + $23.00q)	11,700
Insurance ($3,900)	3,900
Miscellaneous ($500 + $1.50q)	1,100
Total expense	78,300
Net operating income	$ 93,700

During May, the companys actual activity was 390 diving-hours.

Required:

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

V

Puget Sound Divers
Flexible Budget
For the Month Ended May 31
Revenue
Expenses:
Wages and salaries
Supplies
Equipment rental
Insurance
Miscellaneous
Total expense	0
Net operating income	$0