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 (9) 350 $133,000 Revenue ($380.00) Expenses: Wages and salaries ($11,000 + $128.00) Supplies ($4.00) Equipment rental ($2,400 + $20.009) Insurance ($3,900) Miscellaneous ($500 + $1.469) Total expense Net operating income 55,800 1,400 9,400 3,900 1,011 71,511 $ 61,489 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense 0 Net operating income $ 0