lates Cof the tried in The Other Five D T $1664000 1100100 911900 4 1300 100 24100 PLODO 41000 SNO 900 a sands Nicole Filippas, a recent graduate of Rollings University's accounting program, evaluated the operating performance of Poway Company's six divisions. Nicole made the following presentation to Poway'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 $23.900 The Other Five Divisions Erie Division Sales $1.664,000 $100,100 Total $1.764,100 Cost of goods sold 977.900 76,000 1,053,900 Gross profit 686,100 24,100 710,200 Operating expenses 528,000 48.000 576,000 Net income $158,100 $123,900) $134.200 In the Erie division, the cost of goods sold is $60,600 variable and $15,400 fixed, and operating expenses are $14,100 variable and $33,900 foxed. None of the Erie division's foxed costs will be eliminated if the division is discontinued Is Nicole right about eliminating the Erie Division? Prepare a schedule to support your answer. Of an amount reduces the net income the enter with a negative sign preceding the number eg.-15,000 or parenthesis, eg (15,000) In the Erie division, the cost of goods sold is $60,600 variable and $15,400 foed, and operating expenses are $14,100 variable and $33,900 foxed. None of the Erie division's foxed costs will be eliminated if the division is discontinued Is Nicole right about eliminating the Erie Division? Prepare a schedule to support your answer of an amount reduce the net income the enter with a negative sign preceding the number es-15.000 or parenthesis, eg (15,000) Nicole is Continue Eliminate Net focume (Decrease