just need help with the Contribution Margin and net income (loss)

(what is outlined in red)

Your answer is partially correct Barbara Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Ivanhoe Company's six divisions. Barbara made the following presentation to Ivanhoe'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 $25,700 The Other Five Divisions Percy Division Total Sales $1,663,000 $100,900 $1.763,900 Cost of goods sold 977,800 76,100 1,053,900 685.200 24.800 710,000 Gross pront Operating expenses Net income 526,900 50.500 577.400 $158,300 $(25,700) $132.600 In the Percy Division, cost of goods sold is $59,300 variable and $16,800 fixed, and operating expenses are $30,400 vitiable and $20.100 fixed. None of the Percy Division's fixed costs will be eliminated if the division is discontinued. Is Barbara right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheseses (451) TULUI Continue Eliminate Increase (Decrease) Sales 100900 $ 0 100900 Variable costs Cost of goods sold 59300 i 0 59300 Operating expenses 30400 0 30400 Total variable 89700 i 0 89700 Contribution margin 9400 0 9400 Fixed costs Cost of goods sold 16800 i 16800 i 0 Operating expenses 20100 20100 0 Total fixed 36900 36900 i $ Net income (loss) 25700 36900 9400