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) 250 Revenue ($440.00g) Expenses: Wages and salaries ($11,900 + $128.00g) Supplies ($5.00g) Equipment rental ($2,100 + $20.00q) Insurance ($3,900) Miscellaneous ($510 +$1.50g) Total expense Net operating income $110,000 43,900 1,250 7,100 3,900 885 57,035 $ 52,965 During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. Note: 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 COL