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) 300 Revenue ($440.009) $ 132,000 Expenses: Wages and salaries ($11,700 + $120.00) 50, 100 Supplies ($4.009) Equipment rental ($2,300 + $24.00g) Insurance ($4,000) Miscellaneous ($530 + $1.489) Total expense 65,774 $ 66,226 Net operating income During May, the company's actual activity was 290 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) 1,200 9,500 4,000 974 Puget Sound Divers Flexible Budget For the Month Ended May 31 240 105,600 Revenue Expenses: Wages and salaries Supplies 42,020 1.440 conn