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 (g) Revenue ($400.00q) 400 $ 160,000 Expenses Wages and salaries ($11,400 + $126.009) Supplies ($4.009) Equipment rental ($2,100 + $21.009) Insurance ($4,000) Miscellaneous ($500 + $1.509) 61,800 1,600 10,500 4,000 1,100 Total expense 79,000 Net operating income $ 81,000 Required: During May, the company's activity was actually 390 diving-hours. Complete the following flexible budget for that level of activity. (Round your answers to nearest whole dollar.) 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 $ 0