rcises (1 pt) Puget Sound Divers is a company that provides diving services such as under The company's planning budget for May appears below: 400 $ 172,000 Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) Revenue ($430.009) Expenses: Wages and salaries $11,900 + $126.000) Supplies ($5.00g) Equipment rental ($2,400 + $23.009) Insurance ($4,200) Miscellaneous ($540 + $1.449) Total expense Net operating income 62,300 2,000 11,600 4,200 1,176 81,216 $ 90, 784 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 Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses Wages and salarios Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income