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) 200 Revenue ($430.00g) $86,000 Expenses: 37,600 Wages and salaries ($11,600+ $130.00g) Supplies ($5.00g) 1,000 7,000 Equipment rental ($2,000 $25.00g) Insurance ($4,200)) 4,200 Miscellaneous ($540+ $1.46g) 832 Total expense 50,632 $35,368 Net operating income During May, the company's actual activity was 190 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 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income $ 0 0