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 ($380.00g) Expenses Wages and salaries ($11,700 +$122.00g) Supplies ($6.00g) Equipment rental ($2,000 + $23.00g) Insurance ($4,000) Miscellaneous ($530 +$1.46g) Total expense Net operating income- 250 $ 95,000 42,200 1,500 7,750 4,000 895 56,345 $ 38,655 During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Diversi Flexible Budget For the Month Ended May 31 Actual diving-hours Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance