$($Click the icon to view the income statement$)$

To take advantage of the anticipated growth in the market, TOP is considering various courses of action:

Do nothing. If TOP does nothing, it expects sales to increase by $10\%.$

Spend $$1,500$ on a new advertising campaign that is expected to increase sales by $70\%$

Raise the price of the corkscrew to $$7\mathrm{.}50.$ This is expected to decrease sales quantities by $20$

Redesign the classic corkscrew and increase the selling price to $$9\mathrm{.}00$ while increasing the va Data table

Requirements

Evaluate each of the altematives considered by TOP. What should TOP do$?$

Requirement. Evaluate the altematives by completing an income statement for each alternative.

Sales Revenue

Variable Costs

Contribution Margin

Fixed Costs

Operating Income

$\backslash$table$[[$Alternative $1,$Alternative $2,$Alternative $3],[90000,153,000,72000],[45000,45000,45000],[45000,108000,27000],[27,000,27000,27,000],[18000,81000,0]]$

$\backslash$table$[[$Sales revenues $($ $$6\mathrm{.}00$ per corkscrew$),$$$,\backslash$table$[[90,000],[45,000]]],[\backslash$table$[[$Variable cost $($ $$3\mathrm{.}00$ per corkscrew$)],[$Contribution margin$]],,45,000],[$Fixed cost$,,27,000],[,$$$,18,000]]$