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Laura Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Wildhorse Company's six divisions. Laura made the following presentation to Wildhorse'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 $24,900 : In the Percy Division, cost of goods sold is $60,400 variable and $15,700 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. In the Percy Division, cost of goods sold is $60,400 variable and $15,700 foced, 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. Is Laura 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 parentheres e. . (45).) Cost of goods sold Operating expenes Totalvariable Contrbution margin Fined coss Cost of roods sold Operatingerpenses Totalficed Net incocne (ioss) Laura