Puget Sound Divers is a company that provides diving services such as underwater 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) 400 Revenue ($400.00q) Expenses: wages and salaries ($11,200 +$126.009) Supplies ($6.009) Equipment rental ($2,500+ $21.009) Insurance ($4,000) Miscellaneous ($520 + $1.50q) Total expense Net operating income $ 160,000 61,600 2,400 10,900 4,000 1,120 80,020 $ 79,980 During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.)

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