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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 (9) Revenue ($450.00g) 200 $ 90,000 Expenses: Wages and salaries ($11,900 + $124.00) Supplies ($6.000) Equipment rental ($2,300 + $20.00) Insurance ($4,000) Miscellaneous ($530 + $1.469) 36,700 1,200 6,300 4,000 822 Total expense 49,022 Net operating income $ 40,978 Required: During May, the company's activity was actually 190 diving-hours. Complete the following flexible budget for that level of activity (Round your answers to nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income