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) Revenue ($430.004) Expenses: Wages and salaries ($11,900 + $128.009) Supplies ($4.009) Equipment rental ($2,400 + $23.009) Insurance ($4,200) Miscellaneous ($530 +$1.464) Total expense Net operating income 300 $ 129,000 50,300 1,200 9,300 4,200 968 65,968 $ 63,032 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 dollar.) 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