Derby's Ornaments sells handmade ornaments for $35 per ornament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Derby, the owner of the company, wants to increase operating income over the next year by at least $20,000. To do so, the company is considering the following options: (Click the icon to view the options.) Read the requirement. Evaluate each of the alternatives considered by Derby's Ornaments. (Use parentheses or a minus sign for an operating loss. Alternative 1 Data Table Sales revenue Variable cost Sales revenue ($35 per ornament) $ 560,000 Contribution margin Fixed cost 320,000 Variable cost ($20 per ornament) Contribution margin 240,000 Operating income (loss) 144,000 Fixed cost $ 96,000 Operating income Requirement Print Done - Evaluate each of the alternatives considered by Derby's Ornaments separately. Do any of the options meet or exceed Derby's targeted increase in income of $20,000? What should Derby do? Print Done