Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The companys planning budget for May appears below:

Puget Sound Divers Planning Budget For the Month Ended May 31
Budgeted diving-hours (q)	350
Revenue ($420.00q)	$ 147,000
Expenses:
Wages and salaries ($11,100 + $122.00q)	53,800
Supplies ($4.00q)	1,400
Equipment rental ($2,200 + $26.00q)	11,300
Insurance ($3,900)	3,900
Miscellaneous ($510 + $1.48q)	1,028
Total expense	71,428
Net operating income	$ 75,572

During May, the companys 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