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 (g) Revenue ($440.00g) Expenses: Wages and salaries ($11,700 + $128.00g) Supplies ($5.00g) Equipment rental ($2,500 + $23.00g) Insurance ($4,200) Miscellaneous ($520 +$1.46g) Total expense Net operating income 300 $ 132,000 50,100 1,500 9,400 4,200 958 66,158 $ 65,842 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 Actual diving-hours Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income $