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) 290 $ 82,000 Revenue ($410.000) Expenses: Wages and salaries ($11,600 + $130.009) Supplies ($6.009) Equipment rental ($2,200 + $22.009) Insurance ($3,900) Miscellaneous ($550 $1.489) Total expense Net operating income 37,600 1,200 6,600 3,900 846 50,146 $ 31,854 + During May, the company's actual activity was 190 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