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$)300$

Revenue $($$$420\mathrm{.}00$q$)$ $ $126,000$

Expenses:

Wages and salaries $($$$11,100+$ $$124\mathrm{.}00$q$)48,300$

Supplies $($$$5\mathrm{.}00$q$)1,500$

Equipment rental $($$$2,100+$ $$25\mathrm{.}00$q$)9,600$

Insurance $($$$4,000)4,000$

Miscellaneous $($$$540+$ $$1\mathrm{.}46$q$)978$

Total expense $64,378$

Net operating income $ $61,622$

During May, the company$$s actual activity was $290$ diving$-$hours.

Required:

Prepare a flexible budget for May.