Budgeted diving-hours (q) Revenue ($365.00q) 100 $36,500 Expenses: Wages and salaries ($8,000+$125.00q) Supplies ($3.00q) Equipment rental ($1,800 $32.00q) Insurance ($3,400) Miscellaneous ($630 $1.80q) 20,500 300 5,000 3,400 810 Total expense 30,010 Net operating income $ 6,490 Required During May, the company's activity was actually 105 diving-hours. Complete th that level of activity. 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