Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. 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 ($11,400 + $126.00q) 42,900 Supplies ($5.00q) 1,250 Equipment rental ($2,100 + $24.00q) 8,100 Insurance ($4,200) 4,200 Miscellaneous ($520 + $1.46q) 885 Total expenses 57,335 Net operating income $ 50,165 During May, the companys actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number