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) 300 $141,000 Revenue ($470.089) Expenses: Wages and salaries ($11,70+ $120.00) Supplies ($4.689) Equipment rental ($2,499 + $25.809) Insurance ($4,1ee) Miscellaneous ($520 + $1.469) Total expense Net operating income 47,780 1,200 9,900 4,100 958 63,858 $ 77, 142 During May, the company's actual activity was 290 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 Actual diving-hours Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income S 0