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 $ 95,000 Revenue ($380.00) Expenses: Wages and salaries ($11, 900 + $126.009) Supplies ($3.009) Equipment rental ($2,400 + $22.00) Insurance ($4, 100) Miscellaneous ($510 + $1.489) Total expense Net operating income 43,400 750 7,900 4,100 880 57,030 $ 37,970 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 Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income