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 $86,000 Revenue ($430.000) Expenses Wages and salaries ($11,100 + $122.004) Supplies ($6.004) Equipment rental (52,500 - $20.000) Insurance ($4,100) Miscellaneous ($510 + $1.469) Total expense Net operating income 35,500 1,200 6,500 4,100 802 48,102 $ 37,898 aces 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 (92,500 + $20.00g) Insurance ($4,100) Miscellaneous ($510 + $1.469) Total expense Net operating income 6, SUU 4,100 802 48,102 $ 37,898 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