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) Revenue ($480.000) 350 $ 168,000 Expenses: Wages and salaries ($11,000+ $124.009) Supplies ($6.009) Equipment rental ($2,100 + $25.009) Insurance ($4,100) Miscellaneous ($530 + $1.429) 54,400 2,100 10,850 4,100 1,027 Total expense 72,477 Net operating income $ 95,523 Required: During May, the company's activity was actually 340 diving-hours. Complete the following flexible budget for that level of activity. (Round your answers to nearest whole dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income $ 0