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)	250
Revenue ($400.00q)	$ 100,000
Expenses:
Wages and salaries ($11,000 + $124.00q)	42,000
Supplies ($5.00q)	1,250
Equipment rental ($2,100 + $21.00q)	7,350
Insurance ($3,800)	3,800
Miscellaneous ($510 + $1.48q)	880
Total expense	55,280
Net operating income	$ 44,720

During May, the companys actual activity was 240 diving-hours.

Required:

Prepare a flexible budget for May