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 5130 Budgeted diving-hours (q) Revenue ($400.00g) 300 $ 120,000 50,100 ces Wages and salaries ($11,700 +$128.00g) Supplies ($5.00g) Equipment rental ($2,300 +$24.00g) Insurance ($4,000) Miscellaneous (5520 51.48g) Total expense Net operating income 1,500 9,500 4,000 964 66,064 $ 53,936 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