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: 10 points 250 $ 95,000 eBook Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($380.000) Expenses : Wages and salaries ($11,800 + $130.00) Supplies ($4.009) Equipment rental ($2,100 + $ 25.009) Insurance ($3,900) Miscellaneous ($530 + $1.469) Total expense Net operating income 44,300 1,000 8,350 3,900 895 58,445 $ 36,555 Hint Print During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole dollar.) References Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 0 $ 0