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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

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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: 400 $ 180,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($450.009) Expenses: Wages and salaries ($11,100 + $122.009) Supplies ($4.009) Equipment rental ($2,300 + $26.009) Insurance ($4,200) Miscellaneous ($520 + $1.449) Total expense Net operating income 59,900 1,600 12,700 4,200 1,096 79,496 $ 100,504 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 dollar.)

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