Puget Sound Divers is a company that provides diving services such as underwater ship repairs to cients 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 divingthours (q) 400 Revenue ($450.00 180,000 Expenses Wages and salaries ($11,400 $126.00q) 61,800 Supplies ($5.00q) 2,000 Equipment rental ($2,100 $21.00q) 10,500 Insurance ($4,200) 4,200 1,086 Miscellaneous ($510 $1.44q) Total expense 79,586 Net operating income 100,414