250 + 42,500 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: Paget Bound Divers Planning Budget Tor the Month Ended May 31 Budgeted diving-hours (9) Revenge ($400.000) $ 100,000 Expensen Wagen and salarion ($12,000+ $122.000) Supplies ($5.009) 1.250 Equipment rental ($2.400 + $22.00) 7.900 Insurance ($4,000) 4.000 Miscellaneous ($520 + $1.449) 880 Total expense 56,530 Net operating income $ 43, 470 During May, the company's actual activity was 240 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 Supplies During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Floxible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 0 $ 0