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 $26,200 The Other Percy Five Divisions Division Total Sales Cost of goods sold Gross profit $1,663,0D0 $100,100 $1,763,100 978,600 76,800 1,055,400 684 526,000 4,500 575,500 158,400 (26,200) $132,200 Net income In the perc Division, cast of goods sold is $59 300 variable and 17 500 xed, and aper ting expenses are $31,40 variat e and 18 100 fixed. None of the Percy Division's fled costs will be climinated if the drisian is discontinued. Is Veronlca right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negative sion preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Incrense (Decrease) Continue Eliminate Variable costs Cast of goods sold Operating expenses Total variable Contribution margin Fixed casts Cost of goods sold Operating expenses Total fixed Net income (loss) Veronica is