Puget Sound Divers is a company that provides diving services such as underwater snip repairs to clients in the Puget Sound an The company's planning budget for May appears below: Puget Sound Divers: Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 300. Revenue ($450.00g) Expenses: Wages and salaries ($11,500 +$124.00g) Supplies ($4.00g) Equipment rental ($2,300 +$23.00g) Insurance ($4,000) Miscellaneous ($520 + $1.44q) Total expense Net operating income $ 135,000 48,700 1,200 9,200 4,000 952 64,052 $ 70,948 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 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense