Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income Puget Sound Divers is a company that provides diving services such as undenNater 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) 200 Revenue ($390.00q) $ 78,000 Expenses: Wages and salaries ($11,400 + $128.00q) 37,000 Supplies ($3.00q) 500 Equipment rental ($2,200 + $26.00q) 7,400 Insurance ($3,900) 3,900 Miscellaneous ($540 + $1.44q) 828 Total expense 49,728 $ 28,272 Net operating income During May, the company's actual activity was 190 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.)