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 (q) 400 $168,000 Revenue ($ 420.00q) Expenses: Wages and salaries ($11,800 + $128.009) Supplies ($5.009) Equipment rental ($2,000 + $21.009) Insurance ($4,000) Miscellaneous ($540 + $1.449) Total expense Net operating income 63,000 2,000 10,400 4,000 1,116 80,516 $ 87,484 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 3 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income