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 ($470.00q)	$	164,500
Expenses:
Wages and salaries ($11,300 + $124.00q)		54,700
Supplies ($6.00q)		2,100
Equipment rental ($2,300 + $25.00q)		11,050
Insurance ($4,000)		4,000
Miscellaneous ($530 + $1.50q)		1,055
Total expense		72,905
Net operating income	$	91,595

Required:

During May, the companys activity was actually 340 diving-hours. Complete the following flexible budget for that level of activity. (Round your answers to 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