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 $ 90,000 Revenue ($450.000) Expenses : Wages and salaries ($11,100 + $126.004) Supplies ($4.00g) Equipment rental ($2,000 + $24.00g) Insurance ($3,800) Miscellaneous ($510 + $1.449) Total expense Net operating income 36,300 800 6,800 3,800 798 48, 498 $ 41, 502 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 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 $