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 ($440.000) $ 132,000 Expenses Wages and salaries ($11,700 + $128.00g) 50, 100 Supplies ($4.00) 1,200 Equipment rental ($2,300 + $24.00g) 9,500 Insurance ($4,000) 4,000 Miscellaneous ($530 +1.489) Total expense 65,774 Net operating income $ 66, 226 974 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.) 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.) pok Puget Sound Divers Flexible Budget For the Month Ended May 31 int 240 ences Revenue 105,600 Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous 42,020 1.440 6,900 4,000 881 55,241 Total aynense