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() Revenue ($470.00q) 300 $141,000 Expenses: Wages and salaries ($11,900 $126.00q) Supplies (s5.00q) 49,700 1,500 10,000 4,100 926 Equipment rental ($2.500 $25.00) Insurance (34,100) Miscelaneous ($500+ $1.42q) Total expense 66,226 Net operating income 74,774 Required: During May, the company's activity was that level of activity. (Round your answers to nearest whole dollar.) actually 290 diving-hours, Complete the folowing flexible budget for Flexible Budget For the Month Ended May 31 Revenue Expenses Wages and salaries Supplies Equipment rental Miscellaneous Total expense Net operating income