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) Revenue ($410.009) Expenses: Wages and salaries ($11,100 + $128.009) Supplies ($4.009) Equipment rental ($2,200 + $22.009) Insurance ($3,900) Miscellaneous ($540 + $1.489) Total expense Net operating income 350 $ 143,500 55,900 1,400 9,900 3,900 1,058 72,158 $ 71,342 During May, the company's actual activity was 340 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