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 ($410.00q)	$	143,500
Expenses:
Wages and salaries ($11,100 + $122.00q)		53,800
Supplies ($4.00q)		1,400
Equipment rental ($2,300 + $22.00q)		10,000
Insurance ($4,000)		4,000
Miscellaneous ($510 + $1.46q)		1,021
Total expense		70,221
Net operating income	$	73,279

During May, the companys actual activity was 340 diving-hours.

Required:

Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.)

Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 $ 0 Net operating income