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 sugpested the Percy Division be eliminated. "If the Percy Division is eliminated, she said, "our total pronts would increase by's 26,600 Sales Cost of goods sold Gross profit Operating expenses Net income The Other Percy Five Divisions Division Total $ 1.663,000 $ 100,400 $ 1,763.400 978,800 76.900 1,055,700 684,200 23.500 707700 526,200 50,100 576,300 $ 158,000 $126,600 $131.400 In the Percy Division cost of goods sold is $ 59,300 variable and $ 17.600 fund, and operating expenses are $29.700 variable and $ 20,900 fixed. 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 either a negative sign preceding the number c... 45 or parentheses es (451) Net Income Increase Decrease) Continue Eliminate Sales 5 Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed Net Income Boss $ Veronica is