Dorothy Taylor, a recent graduate of Oak University's accounting program, evaluated the operating performance of Tamarisk Company's six divisions. Dorothy made the following presentation to Tamarisk's board of directors and suggested the Erie division be eliminated. "If the Erie division is eliminated," she said, "our total profits would increase by $23,700. The Other Five Divisions Erie Division Total Sales $1,664,000 $100,400 $1,764,400 Cost of goods sold 977,500 76,100 1,053,600 Gross profit 686,500 24.300 710,800 Operating expenses 527,000 48,000 575,000 Net income $159,500 $(23.700) $135,800 In the Erie division, the cost of goods sold is $59.500 variable and $16,600 fixed, and operating expenses are $14,600 variable and $33,400 fixed. None of the Erie division's fixed costs will be eliminated if the division is discontinued. Is Dorothy right about eliminating the Erie Division? Prepare a schedule to support your answer. (If an amount reduces the net income then enter with a negative sign preceding the number e.g. -15,000 or parenthesis, e.g. (15,000).)