Current Attempt in Progress Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisions. Veronica made the following presentation to Dunn's board of directors and suggested the Percy Division be eliminated. " the Percy Division is eliminated," she said, "our total profits would increase by $26,500 The Other Five Divisions $1,663,000 978,100 Percy Division $100,000 76,800 Sales Total $1,763,000 1,054.900 684,900 708,100 Cost of goods sold Gross profit Operating expenses Net income 23,200 49.700 529.000 578,700 $155,900 $126,500) $129.400 In the Percy Division, cost of goods sold is 560,500 variable and $16,300 fixed, and operating expenses are $29.100 variable and $20.600 fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued 3 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 eg-45 or parentheses es (451) Net Income Increase (Decrease) Continue Eliminate Sales Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating oxpenses Total fixed Net income (loss)