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 ($400.009) Expenses: Wages and salaries ($11,500 + $130.009) Supplies ($4.009) Equipment rental ($2,200 + $24.009) Insurance ($4,200) Miscellaneous ($510 + $1.48q) Total expense Net operating income 200 $ 80,000 37,500 800 7,000 4,200 806 50,306 $ 29,694 During May, the company's actual activity was 190 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