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 (q) 200 $ 86,000 37,400 1,000 Revenue ($ 430.00) Expenses: Wages and salaries ($11,400 + $130.009) Supplies ($5.00) Equipment rental ($2,100 + $21.009) Insurance ($4,200) Miscellaneous ($500 + $1.509) Total expense 6,300 4,200 800 49,700 $ 36,300 Net operating income During May, the company's actual activity was 190 diving-hours. Required: Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Budgeted diving-hours Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income $ 0 0