4ee 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 Budgeted diving-hours (9) Revenue (5390.000) $156,00 Expenses: Wages and salaries ($11,600 + $128.00) 62,800 Supplies ($3.889) 1,200 Equipment rental ($2,000 + $21.00) 10,400 Insurance ($4, eee) 4,889 Miscellaneous (5550 + $1.469) 1,134 Total expense 79,534 Net operating income $ 76,466 During May, the company's actual activity was 390 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 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 salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income N 0 $ $ 0