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. 350 $ 154,500 Puget Sound Divers planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($470.089) Expenses: Wages and salaries ($11, 400 + $128.669) Supplies ($4.089) Equipment rental ($2,200 - $21.009) Insurance ($3,900) Miscellaneous ($510 $1.509) Total expense Net operating income 56,200 1,400 9.550 3,900 1,35 72,685 $ 92,415 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number)