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 ($11,800 + $124.00q)		42,800
Supplies ($6.00q)		1,500
Equipment rental ($2,400 + $22.00q)		7,900
Insurance ($4,000)		4,000
Miscellaneous ($540 + $1.46q)		905
Total expense		57,105
Net operating income	$	42,895

Required:

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

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