a 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) 400 $172.ee Revenue ($430.289) Expenses : Wages and salaries ($11,680 + $128.689) Supplies ($5.089) Equipment rental ($2,300 + $21.809) Insurance ($4,200) Miscellaneous ($520 + $1.429) Total expense Net operating income 62,820 2,080 19,790 4,200 1,888 89,788 $ 91,212 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 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income