250 Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound are 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 (5440.000) $ 110,000 Expenses: Wages and salaries ($11,800 + $122.00) 42,300 Supplies ($4.009) 1,000 Equipment rental ($2,300 + $23.009) 8,050 Insurance ($4,100) 4,100 Miscellaneous ($520 + $1.489) Total expense 56,340 $ 53,660 Net operating income During May, the company's actual activity was 240 diving-hours. 890 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 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 Equipment rental Insurance Miscellaneous Total expense Net operating income