Bramble Mars, a recent graduate of Bells accounting program, evaluated the operating performance of Dunn Companys six divisions. Bramble made the following presentation to Dunns board of directors and suggested the Percy Division be eliminated. If the Percy Division is eliminated, she said, our total profits would increase by $26,600. The Other Five Divisions Percy Division Total Sales $1,663,000 $100,400 $1,763,400 Cost of goods sold 978,800 76,900 1,055,700 Gross profit 684,200 23,500 707,700 Operating expenses 526,200 50,100 576,300 Net income $158,000 $ (26,600 ) $131,400 In the Percy Division, cost of goods sold is $59,300 variable and $17,600 fixed, and operating expenses are $29,200 variable and $20,900 fixed. None of the Percy Divisions fixed costs will be eliminated if the division is discontinued. Is Bramble right about eliminating the Percy Division?