5 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 1.67 points Skipped eBook Print Budgeted diving-hours (9) Revenue ($440.00g) Expenses: Wages and salaries ($11,300 +$124.00q) Supplies (54.00g) Equipment rental ($2,400 +$23.00g) Insurance ($4,000) Miscellaneous (5500 +$1.46g)) Total expense Net operating income 250 $110,000 42,300 1,000 8,150 4,000 865 56,315 $53,685 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 number.)