350 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 Unded May 31 Budgeted diving-hours (9) Ravenue ($470.000) 164,500 Expenses Wagen and salaries ($11,400 + $120.000) 54,800 Supplies ($3.009) Equipment rental ($2,300 + $26.000) 11,400 Insurance ($3,800) Miscellaneoun (5540 - $1.440) 1,044 Total expense 72,094 Het operating income 592,406 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May (Round your answers to the nearest whole number) 1,050 3,800 Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses Wages and stories Supplies Equipment rental Insurance Prov 1 of 8 !!! Next > 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