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 (9) 200 Revenue ($470.089) $94,000 Expenses: Wages and salaries ($12,000 $128.00) 37,600 Supplies ($5.009) 1,000 Equipment rental ($2,500 + $26.809) 7.700 Insurance ($4,100) 4,100 Miscellaneous ($530 + $1.489) Total expense 51, 226 Net operating income S42,774 826 3 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 salarios Supplies Equipment rental Insurance Miscellaneous 0 Total expense Net operating income 0