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 (q) 400 $ Revenue ($420.00q) 168,000 Expenses : Wages and salaries ($11,400 + $126.00q) 61,800 Supplies ($4.000) 1,600 Equipment rental ($2,500 + $24.009) 12, 100 Insurance ($3,900) 3,900 Miscellaneous ($500 + $1.469) 1,084 Total expense 80,484 $ Net operating income 87,516 During May, the company's actual activity was 390 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 Net operating income