A chemical company spent $532,000 to produce 150,000 gallons of a chemical that can be sold for $4.80 per gallon. This chemical can be further processed into a weed killer that can be sold for $9.20 per gallon. It will cost $260,000 to process the chemical into the weed killer. Which of the following is true? If the company decides to process further, it will increase operating income by $588,000. If the company decides to process further. It will increase operating income by $400,000. To maximize operating income, the company should continue to sell the chemical as is. If the company decides to process further, it will decrease operating income by $1,380,000