Puget Sound Divers is a company that provides diving services such as underwater ship repair 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 $ 80,000 Revenue ($400.009) Expenses: Wages and salaries ($11,589 + $130.009) Supplies ($5.009) Equipment rental ($2,400 - $25.089) Insurance ($4,100) Miscellaneous ($540 + $1.429) Total expense Net operating income 37,500 1,000 7,400 4,100 824 52,824 $ 29,176 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 $