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 $150,500 Revenue ($430.80) Expenses: Wages and salaries ($11,100 + $122.ee) Supplies ($5.089) Equipment rental ($2,400 + $24.889) Insurance ($3,800) Miscellaneous ($519 + $1.489) Total expense Net operating income 53,800 1,750 10, 8ee 3, Bee 1,028 71,178 $ 79,322 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 0 Net operating income s 0