Current Attempt in Progress Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of blossom Company's site divisions. Veronica made the following presentation to Blossom's board of directors and suggested the Percy Division be eliminated "If the Percy Division is eliminated' she said, "our total profits would increase by $26,900 Total The Other Five Divisions $1,665,000 978,700 Percy Division $100,600 Sales $1,765,600 77.000 1.055,700 686,300 23,600 709.900 Cost of goods sold Gross profit Operating expenses Net income 50.500 577,700 527.200 $159,100 $132.200 $126.900) 221 In the Percy Division, cost of goods sold is 559.200 variable and $17.800 fred, and operating expenses are $31.600 variable and 18.00 fred None of the Domicilio BI 12C c ses 527,200 50.500 577,700 Net income $159,100 $126,900 $132.200 In the Percy Division, cost of goods sold is $59.200 variable and $17,800 fixed, and operating expenses are $31,600 variable and $18.900 fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued. is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negative sign preceding the number es -45 or parentheses es. (451) Net Income Increase Decrease] Continue Eliminate 100.600 $ 5 100600 Sales Variable costs 59200 ING 12C Cost of goods sold ype here to search O RI Question 28 of 28