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) 350 $ 164,500 Revenue ($470.00q) Expenses: Wages and salaries ($11,000 + $126.00q) Supplies ($5.009) Equipment rental ($2,200 + $25.00q) Insurance ($3,800) Miscellaneous ($530 + $1.44q) Total expense Net operating income 55,100 1,750 10,950 3,800 1,034 72,634 $ 91,866 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) 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