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 Budgeted diving-hours (q) Revenue ($460.00q) Expenses: Wages and salaries ($11,900 + $128.00q) Supplies ($4.009) For the Month Ended May 31 250 $ 115,000 43,900 1,000 8,000 4,200 890 57,990 $ 57,010 Equipment rental ($2,500 + $22.009) Insurance ($4,200) Miscellaneous ($520 + $1.48q) Total expense Net operating income 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 dollar.) 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