Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 350 $ 164,500 Budgeted diving-hours (q) Revenue ($470.00g) Expenses: Wages and salaries ($11,500 + $128.00q) Supplies ($5.00q) Equipment rental ($2,100 + $24.00g) Insurance ($4,000) Miscellaneous ($540 + $1.44q) Total expense Net operating income 56,300 1,750 10,500 4,000 1,044 73,594 $ 90,906 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. Puget Sound Divers Flexible Budget