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 ($430.00q)	$ 107,500
Expenses:
Wages and salaries ($12,000 + $128.00q)	44,000
Supplies ($5.00q)	1,250
Equipment rental ($2,100 + $24.00q)	8,100
Insurance ($4,100)	4,100
Miscellaneous ($530 + $1.44q)	890
Total expense	58,340
Net operating income	$ 49,160

During May, the companys actual activity was 240 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 expenses	0
Net operating income	$0