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) 350 Revenue ($400.00q) $ 140,000 Expenses: Wages and salaries ($11,800 + $124.00q) 55,200 Supplies ($4.00q) 1,400 Equipment rental ($2,500 + $21.00q) 9,850 Insurance ($4,000) 4,000 Miscellaneous ($500 + $1.44q) 1,004 Total expense 71,454 Net operating income $ 68,546 During May, the companys actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.)