300 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 1 Budgeted diving-hours (q) Revenue ($420.009) $126.000 Expenses Wages and salaries ($11,100 + $124.009) 48,300 Supplies ($6.000) 1,800 Equipment rental ($2,200 + $26.009) 10,000 Insurance ($4,100) 4,100 Miscellaneous (6510 - $1.469) 942 Total expense 65,142 Not operating income $ 60,058 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.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses Wagon and Salaries Supplies Miscellaneous ($510 + $1.449) Total expense Net operating income 942 65,142 $ 60,858 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.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses Wages and salarios Supplies Equipment rental Insurance Miscellaneous Total expense Not operating income