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 (g) Revenue ($300.00g) Wages and salaries ($11,400 $124.00g) Supplies ($4.00g) Equipment rental ($2,100 +$24.00g) Insurance ($4,000) Miscellaneous (5510 51.444) 300 114,000 48,600 1,200 9,300 4,000 942 64,042 $ 49,958 Total expense Net operating income During May, the company's actual activity was 290 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 Actual diving-hours Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income