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 (a) 250 Revenue ($380.000) $ 95,000 Expenses: Wages and salaries ($11,400 + $124.009) 42,400 Supplies ($4.009) 1,000 Equipment rental ($2,400 + $20.000) 7,400 Insurance ($3,900) 3,900 Miscellaneous ($520 + $1.469) 885 Total expense 55,585 Net operating income $ 39, 415 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 0 S 0