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 Revenue (5460.000) 5161,000 Expenses: Wages and salaries ($12,000+ $128.00) 56,800 Supplies ($6.000) 2,100 Equipment rental (52,400 + $22.009) 18,100 Insurance ($4,200) 4,200 Miscellaneous (5530 - $1.489) 1,048 Total expense 74,248 Net operating income $ 86,752 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 Budgeted diving-hours Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Not operating income 0 $