Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the companys operations in July appear below: Flights(q) 60 60 58 Revenue($345.00q) $16,300 $20,700 $ 20,010 Actual Result Flexible Results Planning Results Expenses: Wages and salaries ($3,400 + $90.00q) 8,760 8,800 8,620 Fuel ($33.00q) 2,144 1,980 1,914 Airport fees ($810 + $34.00q) 2,720 2,850 2,782 Aircraft depreciation ($8.00q) 480 480 464 Office expenses ($250 + $1.00q) 478 310 308 Total expense 14,582 14,420 14,088 Net operating income $ 1,718 $6,280 $ 5,922 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: 1. Complete the flexible budget performance report abstract for July. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)