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) 350 Revenue ($430.009) $ 150,500 Expenses : Wages and salaries ($11, 300 + $120.00q) 53,300 Supplies ($5.90g) 1, 750 Equipment rental ($2, 390 + $25.909) 11, 050 Insurance ($4, 190 ) 4, 100 Miscellaneous ($510 + $1.44q) 1, 014 Total expenses 71, 214 Net operating income $ 79, 286 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. Note: Round your answers to the nearest whole number