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: 200 $ 90,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($450.009) Expenses : Wages and salaries ($11,400 + $126.00) Supplies ($5.00g) Equipment rental ($2,300 + $24.009) Insurance ($3,900) Miscellaneous ($550 + $1.429) Total expense Net operating income 36,600 1,000 7,100 3,900 834 49,434 $ 40,566 During May, the company's actual activity was 190 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: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 0 $