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 11 Budgeted diving-hours (9) 400 0192,000 Revenue (9180.000) Exponos: Wages and salaries ($11, 100+ $124.000 Supplies (5.00) Equipment rental ($2,200023.000) Insurance (04, 100) Miscellaneous (05191 $1.509) Total expense Met operating income 60, 700 2,000 11,400 4,100 1, 110 3112,690 es During May, the company's actual activity was 390 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 Actual diving hours Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous 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 Actual diving-hours Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income 0 $ 0