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 (g) 200 eBook $ 76,000 Print Revenue ($380.004) Expenses Wages and salaries ($11,400 + $122.009) Supplies (3.009) Equipment rental ($2,500 + $24.009) Insurance (54,100) Miscellaneous ($500 + 51.469) Total expense Net operating income 35,800 600 7.300 4,100 792 40,592 $ 27.00 References 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 Next 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 eBook Hint Print Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance eferences Miscellaneous Total expense Net operating income