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 $26,900. The Other Percy Five Sales 1.765-60 1,055,700 Cost of goods sold 978.700 77,000 686,300 23,600 709,900 Gross profit Operating expenses 527,200 50,500 577,700 $159,100(26,900) $132,200 Net income In the Percy Division, cost of goods sold is $59,200 variable and $17,800 fixed, and operating expenses are $31,600 variable and $18,900 fixed. None of the Percy Division's fixed costs will be eliminated if the division 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 e.g. -45 or parentheses e.g. (45).) Tocrease Continue Eliminate (Decrease) Sales Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fioxed costs Cost of goods sold Operating expenses Total fixed Net income (loss) Veronica is