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 ($450.00q) Expenses 250 5112.500 Wages and salaries (511,200$122.00q) Supplies (55.00q) Equipment rental (52,100 $28.00q) Insurance (53,900) Miscellaneous (5550 1.48q) 41.700 1.250 8,800 3.900 Total expense Net operating income 56.370 5 56,130 Required: During May, the company's activity was actually 240 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 sslaries Supplies Equipment rental nsurance Miscellaneous Total expense Net operating income