Check my work 1 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: 0.16 points Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) 300 $123,000 eBook Revenue ($410.00q) Expenses: Wages and salaries ($11,900 + $122.00) Supplies ($4.00) Equipment rental ($2,100 + $22.00) Insurance ($4,200) Miscellaneous ($540 + $1.489) Total expense Net operating income 48,500 1,200 8,700 4,200 984 63,584 $ 59,416 Hint Print During May, the company's actual activity was 290 diving-hours. r References 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