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) 400 Revenue ($430.889) $172,000 Expenses: Wages and salaries ($11,500 + $128.00) 62,700 Supplies ($6.089) 2,400 Equipment rental ($2,300 + $24.00) 11,900 Insurance ($4,000) 4,000 Miscellaneous ($540 + $1.449) 1, 116 Total expense 82, 116 $ 89,884 Net operating income 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