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 ($450.00q)	$ 157,500
Expenses:
Wages and salaries ($11,600 + $128.00q)	56,400
Supplies ($4.00q)	1,400
Equipment rental ($2,000 + $22.00q)	9,700
Insurance ($4,100)	4,100
Miscellaneous ($540 + $1.48q)	1,058
Total expense	72,658
Net operating income	$ 84,842

During May, the companys actual activity was 340 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