Puget Sound Divers is a companyh 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) Revenue ($430.00g) 250 $ 107,500 Expenses: Wages and salaries ($11,100 + $126.00g) Supplies ($6.00g) Equipment rental ($2,400 + $23.00g) Insurance ($3,900) Miscellaneous ($530 + $1.44g) Total expense 42,600 1,500 8,150 3,900 890 57,040 Net operating income $ 50,460 During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.)