Puget Sound Divers provides diving services, such as underwater ship repairs, to its clients. 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 ($400.00q) Expenses: Wages and salaries ($11,500 + $126.009) Supplies ($6.009) Equipment rental ($2,500+ $21.009) Insurance ($4,000) Miscellaneous ($520 + $1.46q) Total expenses Net operating income 300 $ 120,000 49,300 1,800 8,800 4,000 958 64,858 $ 55,142 During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number. Revenue Expenses: Puget Sound Divers Flexible Budget For the Month Ended May 31 Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expenses Net operating income 0 $ 0