Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (q) Revenue ($410.00q) Expenses: Wages and salaries ($11,100 + $130.00g) Supplies ($3.00g) Equipment rental ($2,300 + $21.00g) Insurance ($4,100) Miscellaneous ($520 + $1.42q) Total expense Net operating income 300 $ 123,000 50,100 900 8,600 4,100 946 64,646 $ 58,354 During May, the company's actual activity was 290 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