Puget Sound Divers is a company that provides aving services such as underwater ship repairs to clients in the Puget Sound area. The company's planning budget for Mayors below Puget Sound Divers Planning Budget For the Month inded May 1 Budgeted Ving-hours le 400 Revenue 15450.000) $100.000 Expenses Wages and salaries (511,100 $122.600) 10.60 Supplies (5.00) 2.900 Equipent rental ($2.500 + $24.089) 12.100 Insurance (53,000 3,00 Miscellaneous (5520 91.420) 1.688 Total expense Net operating income $100,412 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) Put Bound Divers Budget Ferth Math Ended May 1 Flove Expenses Wages and se Supplies Equipment rental Insurance Misces Total expense $ Net operating income Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clie 400 $ 180,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($450.089) Expenses: Wages and salaries ($11,800 + $122.00) Supplies ($5.089) Equipment rental ($2,500 + $24.009) Insurance ($3,800) Miscellaneous ($520 + $1.429) Total expense Net operating income 60, 600 2,000 12, 100 3,808 1,088 79,588 $ 108,412 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.)