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: Check my wor Puget Sound Divers 233 Planning Budget. For the Month Ended May 31 Budgeted diving-hours (g) 250 Revenue ($420.00) $105,000 Expensest Mages and salaries ($11,400 $122.000) 43,900 Supplies ($5.00) 1,250 Equipment rental ($2,300 $23.00) 8,050 Insurance ($4,000) 4,000 870 References 56,070 $40,930 Miscellaneous (5510 +$1.440) Total expense Net operating income During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Fleable Budget For the Month Ended May 31 Revenue Expenses Wages and salaries Supplies References 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