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) 350 Revenue ($460.009) Expenses: Wages and salaries ($11,900 $128.000) Supplies ($4.000) Equipment rental ($2,200 +$24.000) Insurance ($3,900) Miscellaneous ($520 + $1.50q) Total expense Net operating income $ 161,000 56,700 1,400 10,600 3,900 1,045 73,645 $ 87,355 During May, the company's 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