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 ($11,400 + $128.00q)		43,400
Supplies ($5.00q)		1,250
Equipment rental ($2,300 + $26.00q)		8,800
Insurance ($4,100)		4,100
Miscellaneous ($510 + $1.44q)		870
Total expense		58,420
Net operating income	$	41,580

Required:

During May, the companys activity was actually 240 diving-hours. Complete the following flexible budget for that level of activity.