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: 350 $164,500 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($470.000) Expenses: Wages and salaries ($11,600 + $130.00q) Supplies ($3.009) Equipment rental ($2,400 + $24.00) Insurance ($4,100) Miscellaneous ($540 + $1.469) Total expense Net operating income 57,100 1,050 10,800 4,100 1,051 74,101 $ 90,399 Required: During May, the company's activity was actually 340 diving-hours. Complete the following flexible budget for that level of activity. (Round your final answer to nearest dollar amount.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous neous ? Total expense Net operating income