2 points Skipped 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 Mudgeted diving-hours (9) 300 Revenue (5460.000) $138,000 Expenses Wages and salaries (511,100 - $120.00) 47.100 Supplies ($3.0001 900 Equipment rental ($2,400 + $25.009) 9.900 Insurance ($3,900) 3.900 Miscellaneous (5540 $1.420) 966 Total expense 62266 Net operating income $ 75,234 eBook Hint Print During May, the company's actual activity was 290 diving hours Required: Prepare a flexible budget for May (Round your answers to the nearest whole number) References WYWI 1 Miscellaneous ($540 + $1.429) Total expense Net operating income 966 62,766 $ 75,234 2 boints During May, the company's actual activity was 290 diving-hours. Skipped Required: Prepare a flexible budget for May. (Round your answers to the n Puget Sound Divers eBook Flexible Budget For the Month Ended May 31 Hint Revenue Print Expenses: References Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income $ 0