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Sales Cost of goods sold Gross profit Operating expenses Net income The Other Five Divisions $1.665.000 978,700 686,300 527,200 $159.100 Percy Division $100,600 77.000 23,600 50.500 $126.900 Total $1.765,600 1.055,700 709,900 577,700 $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 amourits using either a negative sign preceding the number eg 45 or parentheses es (451) Continue Net Income Increase (Decrease) Eliminate Sales $ Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total foxed Net Income (los) $ $ Veronica is