Ruth Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Sunland Company's six divisions: Ruth made the following presentation to Sunland'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 $26,100. In the Percy Division, cost of goods sold is $59,300 varlable and $17,000 fived, and operating experises are $31,600 variable and $18.500 fixed. None of the Percy Division's fxed costs will be eliminated if the division is discontinued. is Ruth right about eliminating the Percy Division? Prepare a schedule to support your answer (Enter nesative amounts usirg either a negative sign preceding the number es. 45 or porentheses es. (45). Operating expenses Total variable Contribution margin Flied costs Cost of goods sold Operating expenses Total fixed Net income (loss) Ruth is correct incorrect