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) 400 Revenue ($440.889) $176,000 Expenses: Wages and salaries ($11,200 + $128.00q) 62,400 Supplies ($4.00g) 1,600 Equipment rental ($2,200 + $21.009) 10,600 Insurance ($3,800) 3,800 Miscellaneous ($530 + $1.469) 1, 114 Total expense 79,514 Net operating income $ 96,486 During May, the company's actual activity was 390 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