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 (g) Revenue ($460.00q) 350 $ 161,000 Expenses: Wages and salaries ($11,300+$126.00q) Supplies($4.00q) Equipment rental ($2,400 +$22.00q) Insurance ($3,900) Miscellaneous ($550+$1.44) 55,400 1,400 10,100 3,900 1,054 Total expense 71,854 Net operating income S 89,146 Required During May, the company's activity was actually 340 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 S 156,400 Expenses: Wages and salaries 1,360 Equipment rental Total expense 1,360 Net operating income S 155,040