Veronica right about eliminating the Percy Division? Prepare a schedule to support your ans umber e.g. -45 or parentheses e.g. (45).) Net Income Increase (Decrease) Continue Eliminate X Sales 1663000 1763400 (100400) Variable costs X Cost of goods sold 977900 1037300 59400 Operating expenses 557000 526800 30200 Total variable 1594300 1504700 89600 Contribution margin 16900 158300 (10800) Fixed costs Cost of goods sold 17300 17300 Operating expenses 19900 19900 Total fixed 37200 37200 X Net income (loss) 131900 121100 (10800) et le proceder Company's die Verenca made the presentation to Findes boudol they head. To the Pressemedhental profits won by 20.400 The Other Percy Tive Division Divis Total 1,600,000 100,400 1,400 7700 1,054,500 2.700 100 576.00 TOSHO the D40 17.500 de gener $30.200 vand 519.000 of the cost be the town (Ilament decrease in the enter the aming the negative in the eronica Mars, a recent graduate of Bell's accounting program, evaluated the operating rectors and suggested the Percy Division be eliminated. "If the Percy Division is elimin The Other Percy Five Divisions Division Total Sales Cost of goods sold Gross profit Operating expenses $1,663,000 $100,400 $1,763,400 977,900 76,700 1,054,600 685,100 23,700 708,800 526,800 50,100 576,900 $158,300 $ (26,400) $131,900 Net income In the Percy Division, cost of goods sold is $59,400 variable and $17,300 fixed, and operati division is discontinued. the peting performance of Flounder Company's six divisions, Veronica made the following presentation to Flounder's board of bet the rooted," she said, "our total profits would increase by $26.400