Mary Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Blossom Company's six divisions. Mary made the following presentation to Blossom'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 $25,500 : In the Percy Division, cost of goods sold is $59,000 variable and $17,000 fixed, and operating expenses are $29,000 variable and $20,500 fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued. Is Mary right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negotive sign preceding the number es -45 or parenthesese g. (45).) Fixed costs Cost of goods sold Operating expenses Total fixed Net income (los)