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 (0) 250 Revenue (5450.000) $ 112,500 Expenses Wages and salaries ($11,300 + $124.00) 42,300 Supplies ($400) 1,000 Equipment rental ($2.400 + $24.000) 8.400 Insurance (S4,000) 4,000 Miscellaneous ($520 + $1.469) 885 Total expense 56,585 Net operating income $ 55,915 Required: During May the company's activity was actually 240 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