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 Revenue ($430.00g) Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) 400 $ 172,000 61,000 1,200 Expenses: Wages and salaries ($11,400 +$124.00g) Supplies ($3.00g) Equipment rental ($2,300 +$24.00g) Insurance ($3,900) Miscellaneous (5520 +$1.48q) Total expense Net operating income 11,900 3,900 1,112 79,112 $92,888 During May, the company's actual activity was 390 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Revenue Puget Sound Divers Flexible Budget For the Month Ended May 31 Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income