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 (g) 300 $120,000 Revenue ($400.00g) Expenses: Wages and salaries ($11,300 + $128.00g) Supplies ($5.00g) Equipment rental ($2,400+ $22.00q) Insurance ($3,900) Miscellaneous ($530 + $1.44q) 49,700 1,500 9,000 3,900 962 65,062 $ 54,938 Total expense Net operating income During May, the company's actual activity was 290 diving-hours Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.)