Veronica Mars, a recent yahule af Bell's accounting program, eakusted the operating performance of Dem Campany's six divisiems. Veronica made the following presentation to Dann's board of directors and suggested the Pency Division be ehiinated. "If the Percy Division is eliminated," she said, "our total profits would increase by $26,500." Sales Cost of goods sold Gross profit Operating expenses Net Income The Other Party Phre Dans Olsen Total $1,662,000 $100,000 $1,763,000 978,100 76,800 1,054,900 684,900 23,200 703, 100 529,000 49,700 578,700 $155,900 $ (26,500) $129,400 In the Percy Division, cost of goods sold is $60,500 variable and 516,300 fired, and operating expenses are $29,100 variable and $20,600 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 4-5 or parentESES 83. (439) Continue Eliminate Net Income Increase (Decrease) 5 Sales Variable costs Cost of goods sold Operating expenses Total variable Cortribution margin Fixed costs Cost of goods sold Operating expenses Totallid Netcome (Ctrl