nces 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) 300 Revenue ($460.00g) Expenses: Wages and salaries ($11,400 +$124.00g) Supplies ($3.00q) Equipment rental ($2,300 Insurance ($4,100) $22.00g) Miscellaneous ($530 + $1.46g) Total expense Net operating income $ 138,000 48,600 900 8,900 4,100 968 63,468 $ 74,532 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 number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: