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 (q) Revenue ($470.009) Expenses: Wages and salaries ($11,400 +$128.009) Supplies ($6.009) Equipment rental ($2,300 +$24.009) Insurance ($3,900) Miscellaneous ($540 +$1.46q) Total expense Net operating income 300 $ 141,000 49,800 1,800 9,500 3,900 978 65,978 $ 75,022 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 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