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)		200
Revenue ($430.00q)	$	86,000
Expenses:
Wages and salaries ($11,600 + $126.00q)		36,800
Supplies ($5.00q)		1,000
Equipment rental ($2,100 + $20.00q)		6,100
Insurance ($3,900)		3,900
Miscellaneous ($530 + $1.42q)		814
Total expense		48,614
Net operating income	$	37,386

During May, the companys actual activity was 190 diving-hours.

Required:

Prepare a flexible budget for May.