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 ($470.00g) Expenses Wages and salaries ($11,400 $122.00g) Supplies ($5.00g) Equipment rental ($2,000 +$21.00g) Insurance ($4,100) Miscellaneous ($540 +$1.46g) Total expense Net operating income: 350 $ 164,500 54,100 1,750 9,350 4,100 1,051 70,351 $ 94,149 During May, the company's actual activity was 340 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 0 Net operating income $ 0