Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 300 Revenue ($400.00q) $ 120,000 Expenses: Wages and salaries ($11,700 + $122.00q) 48,300 Supplies ($3.00q) 900 Equipment rental ($2,100 + $24.00q) 9,300 Insurance ($4,100) 4,100 Miscellaneous ($500 + $1.46q) 938 Total expense 63,538 Net operating income $ 56,462 During May, the companys actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.)