please, give me step by step explanation

Puget Sound Divers is e company thet provides diving services such as underwater ship repairs to clients in the Puget Sound erea_ The company's planning budget for Mey appears below: S168,e s 85,292 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) Revenue (S42e.oeq) Expen ses : Wages and salaries (SII,9 + $126. ag) Supplies (56 .eq) Equipment rental (S2,30e * S26. eeq) Insurance (S4, 200) Miscellaneous (SS4e * Sl.42g) Total expense Net operating income 62, 12, 70 4,2ae 82, 708 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.) Flexible Budget For the Month Ended May 3 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income