Puget Sound Divers is a company that provides diving services such as underwater ship repairs The company's planning budget for May appears below: clients in the Puget Sound area. 350 $136,500 Puget Sound Divers planning Budget Tor the Month Unded May 31 Budgeted diving-hours (9) Ravenue ($390.00) Expenses Wages and salaries ($11,900 $122.009) Supplies ($4.004) Equipment rental ($2,200 + $24.009) Insurance ($3,800) Xincellaneous ($500 - $1.489) Total expense Nat operating income 54,600 1,400 10,600 3,800 1.018 71,418 $ 65,082 During May, the company's actual activity was 340 diving-hours. Required: Prepare a flexible budget for May (Round your answers to the nearest whole number.) Required: Prepare a flexible budget for May. (Round your answers to the nearest whole number.) Pugut Bound in For the Month Ended Maya Revenue Expenses: Wages and salarios Supplies Equipment rental Insurance Miscellaneous 0 Total expense Net operating income 0