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) Revenue ($380.00q) Expenses: Wages and salaries ($11,400 + $126.00q) Supplies ($5.00q) Equipment rental ($2,300 + $20.00q) Insurance ($4,000) Miscellaneous ($520 +$1.48q) Total expense Net operating income 250 $ 95,000 42,900 1,250 7,300 4,000 890 56,340 $ 38,660 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 0 0