Veronica Mars, a recent graduate of Bells accounting program, evaluated the operating performance of Dunn Companys six divisions. Veronica made the following presentation to Dunns 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. The Other Five Divisions Percy Division Total Sales $ 1,663,000 $ 100,900 $ 1,763,900 Cost of goods sold 977,300 76,800 1,054,100 Gross profit 685,700 24,100 709,800 Operating expenses 528,400 50,200 578,600 Net income $ 157,300 $ ( 26,100 ) $ 131,200 In the Percy Division, cost of goods sold is $ 59,500 variable and $ 17,300 fixed, and operating expenses are $ 31,000 variable and $ 19,200 fixed. None of the Percy Divisions 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