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 ($460.00g) Expenses: Wages and salaries ($11,200 + $124.00g) Supplies ($5.00q) Equipment rental ($2,200 + $26.00q) Insurance ($4,000) Miscellaneous ($510 + $1.50g) Total expense Net operating income 400 $184,000 60,800 2,000 12,600 4,000 1,110 80,510 $103,490 Required: During May, the company's activity was actually 390 diving-hours. Complete the following flexible budget for that level of activity. (Round your final answer to nearest dollar amount.) Revenue Puget Sound Divers Flexible Budget For the Month Ended May 31 Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income