URGENT

350 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 31 Budgeted diving-hours (9) Revenue (5430.000) $ 150,500 Expenses Wages and salaries ($11,900 $124.004) 55,300 Supplies ($4.000) 1,400 Equipment rental (52,200 $25.009) 10,250 Insurance ($4,000) Miscellaneous ($540 - 01.509) 1,065 Total expense 72,015 Het operating income $70, 485 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 dollar) 4,000 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