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) 250 Revenue ($430.000) $ 107,500 Expenses: Wages and salaries ($11,300 + $124.009) 42,300 Supplies ($4.009) 1,000 Equipment rental ($2,400 + $23.009) 8,150 Insurance ($4,000) 4,000 Miscellaneous ($520 + $1.449) 880 Total expense 56,330 Net operating income $ 51,170 During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the 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 S 0