Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisions. Veronica made the following presentation to Dunn'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 The Other Five Divisions Percy Division Total Sales $1.665,000 $100.700 $1.765,700 978.100 Cost of goods sold 76,600 1.054,700 686.900 Gross profit 24.100 711,000 528,100 49,600 577.700 Operating expenses $158.800 S 125,500 $133.300 Net Income In the Percy Division, cost of goods sold is $60.000 variable and $16,600 fixed and operating expenses are $30,700 variable and $18.900 fred. 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 amounts using rither a neaptive sign preceding the number eg. 45 or parentheses es. (45)) Increase (Decrease) Continue Eliminate Sales $ $ $ Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating epenses Total fixed Net income loss 1/3 $ Veronesis