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 Budgeted diving-hours (q) 250 Revenue ($440.009) Expenses: Wages and salaries ($12,000 + $128.00q) Supplies ($3.00q) Equipment rental ($2,200 + $26.00q) Insurance ($3,800) Miscellaneous ($510 + $1.44q) Total expense Net operating income $ 110,000 44,000 750 8,700 3,800 870 58,120 $ 51,880 During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) 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