1 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 For the Month Eded May 31 Planning Budget 2 points Budgeted diving-hours (q) Revenue ($400.00) Expenses Mages and salaries ($11,900 $120.00) Bupplies ($5.00) Equipment rental (83,300 $22.004) Insurance (4,100) P Miscellaneous (8540 +$1.48) Total expense 350 $168,000 53,800 1,750 10,000 4,100 1,058 10,700 897.392 During May, the company's actual activity was 340 diving-hours Required: Prepare a flexible budget for May, (Round your answers to the nearest whole dollar) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses Wages and salaries