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 $($$$470\mathrm{.}00$q$)$ $ $188,000$

Expenses:

Wages and salaries $($$$11,100+$ $$122\mathrm{.}00$q$)59,900$

Supplies $($$$3\mathrm{.}00$q$)1,200$

Equipment rental $($$$2,500+$ $$23\mathrm{.}00$q$)11,700$

Insurance $($$$3,900)3,900$

Miscellaneous $($$$510+$ $$1\mathrm{.}46$q$)1,094$

Total expense $77,794$

Net operating income $ $110,206$

During May, the company$$s actual activity was $390$ diving$-$hours.

Required:

Prepare a flexible budget for May.