Ivanhoe Company reports the following operating results for the month of August: sales $$258,000($units $5,000)$; variable costs $$186,620$; and fixed costs $$60,200.$ Management is considering the following independent courses of action to increase operating income:

Increase the selling price by $10\%$ with no change in total variable costs.

Reduce variable costs to $65\%$ of sales.

Reduce fixed costs by $$8,600.$

Calculate the operating income that would be earned under each alternative.

Operating income

Alternative $1$

$ $$

Alternative $2$

$ $$