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: 400 $ 164,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($410.009) Expenses : Wages and salaries ($11,700 + $124.009) Supplies ($5.009) Equipment rental ($2,500 + $26.009) Insurance ($4,100) Miscellaneous ($510 + $1.429) Total expense Net operating income 61,300 2,000 12,900 4,100 1,078 81,378 $ 82,622 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 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 CA $ 0