Save & Exit Submit 1 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 Book Pent Budgeted diving-hours (q) Revenue ($470.000) Expenses: Wages and salaries (511,800 +$122.00g) Supplies ($5.00) Equipment rental ($2,400 +$21.00) Insurance ($3,900) Miscellaneous 15510 $1.44g) Total expense Net operating innane 300 $141,000 48,400 1,500 8,700 3,900 942 63,442 $77,558 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 dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Check my work 2.33 points eBook Hint 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 dollar.) Puget Sound Divers Flexible Budget For the Month Ended May 31 Print References Revenue Expenses: Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income