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 ($420.00q)	$	168,000
Expenses:
Wages and salaries ($11,100 + $128.00q)		62,300
Supplies ($4.00q)		1,600
Equipment rental ($2,000 + $23.00q)		11,200
Insurance ($4,000)		4,000
Miscellaneous ($500 + $1.46q)		1,084
Total expense		80,184
Net operating income	$	87,816

Required:

During May, the companys activity was actually 390 diving-hours. Complete the following flexible budget for that level of activity.