uget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The companys planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 350 Revenue ($470.00q) $ 164,500 Expenses: Wages and salaries ($11,300 + $128.00q) 56,100 Supplies ($4.00q) 1,400 Equipment rental ($2,300 + $20.00q) 9,300 Insurance ($3,900) 3,900 Miscellaneous ($540 + $1.44q) 1,044 Total expense 71,744 Net operating income $ 92,756 During May, the companys actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.)