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 $($$$430\mathrm{.}00$q$)$ $ $150,500$

Expenses:

Wages and salaries $($$$11,400+$ $$122\mathrm{.}00$q$)54,100$

Supplies $($$$4\mathrm{.}00$q$)1,400$

Equipment rental $($$$2,400+$ $$25\mathrm{.}00$q$)11,150$

Insurance $($$$3,800)3,800$

Miscellaneous $($$$540+$ $$1\mathrm{.}46$q$)1,051$

Total expense $71,501$

Net operating income $ $78,999$

During May, the company$$s actual activity was $340$ diving$-$hours.

Required:

Prepare a flexible budget for May.