Mersey's Omaments sels handmade omaments for $30 per omament. Operating income for 2020 is as follows: (Click the icon to view the income statement.) Mersey, 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 Mersey's Ornaments. (Use parentheses or a minus sign for an operating loss.) Sales revenue Variable cost Alternative Alternative Alternative Alternative 2 3 4 Contribution margin Fixed cost Operating income (loss) Do any of the options meet or exceed Mersey's targeted increase in income of $20,000? Alternative Meet or Exceed? 1 2 3 4