Vulcan Flyovers offers scenic overflights of Mount Saint Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Results Flexible Budget Planning Budget Flights (q) Revenue ($350.00q) Expenses: Wages and salaries ($3,600 + $85.00g) Fuel ($31.00g) Airport fees ($840 + $33.00g) Aircraft depreciation ($9.00g) Office expenses ($230 + $1.00g) Total expense Net operating income 53 $ 16,100 53 $ 18,550 51 $ 17,850 8,075 8,105 7,935 1,811 1,643 1,581 2,484 2,589 2,523 477 477 459 451 283 13,298 13,097 281 12,779 $ 2,802 $ 5,453 $ 5,071 The company measures its activity in terms of flights. Customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. Required: