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 Budgeted diving-hours (g) Revenue ($450.00g) Expenses: For the Month Ended May 31 200 $ 90,000 35,700 800 Wages and salaries ($11,300 + $122.00g) Supplies ($4.00g) Equipment rental ($2,400 + $24.00g) Insurance ($3,900) Miscellaneous ($540 +$1.44g) Total expense Net operating income 7,200 3,900 828 48,428 $ 41,572 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 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