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 Unded May 31 Budgeted diving-hours (1) 400 Revenue ($470.0001 $180,000 Expenses Wages and salaries ($11,300 + $122.000) 60,100 Supplies ($4.000) 1,600 Equipment rental ($2,500 + $26.000) 12,900 Insurance (34,200) 4,200 Miscellaneous (5520 + $1.489) 1,112 Total expense 79.912 Net operating income $108,088 During May, the company's actual activity was 390 diving hours During May, the company's actual activity was 390 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