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) 250 $115,000 Revenue ($460.000) Expenses: Wages and salaries ($11,100 + $130.000) Supplies ($4.009) Equipment rental ($2,400 + $24.009) Insurance ($3,900) Miscellaneous ($530 + $1.509) Tota expense Net operating income 43,600 1,000 8,400 3,900 905 57,805 $ 57,195 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 number.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Actual diving-hours Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 0 S 0