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: 250 $1e7,500 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($430.089) Expenses: Wages and salaries ($11,78e + $130.ee) Supplies ($4.ee) Equipment rental ($2,400 + $20.ee) Insurance ($4,200) Miscellaneous (5510 + $1.449) Total expense Net operating income 25 44,200 1.ee 7,400 4,2ee 870 57,670 $ 49,830 During May, the company's actual activity was 240 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