Exercise 9-1 Prepare a Flexible Budget LO9-1) 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: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) Revenue ($440.e0q) Expenses: $132,e00 Wages and salaries ($12,e00 $124.00q) Supplies ($3.e0q) Equipment rental ($2,100$21.00q) 8,480 Insurance ($3,8e0) Miscellaneous ($53$1.48q) 49,200 3,see 974 63,274 68,726 Total expense Net operating income During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.,) Score answer>