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) 200 $ 84,000 Revenue ($ 420.000) Expenses: Wages and salaries ($11,600 + $128.009) Supplies ($4.00q) Equipment rental ($2,200 + $20.009) Insurance ($4,200) Miscellaneous ($500 + $1.429) Total expense Net operating income 37,200 800 6,200 4,200 784 49,184 $ 34,816 During May, the company's actual activity was 190 diving-hours. During May, the company's actual activity was 190 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 Net operating income $ 0