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 (9) 350 $154,000 56,200 1,400 Revenue ($ 440.009) Expenses: Wages and salaries ($11,400 + $128.009) Supplies ($4.009) Equipment rental ($2,200 + $24.00) Insurance ($4,100) Miscellaneous ($530 + $1.489) Total expense Net operating income 10,600 4,100 1,048 73,348 $ 80,652 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.) 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