Nettle Company prepared the following budgeted income statement for the first quarter of 2018: (Click the icon to view the budgeted income statement.) Nettle Company is considering two options. (i) (Click the icon to view the options.) Read the requirements. Requirement 1. Prepare budgeted income statements for both options, assuming both options begin in January January sales remain \\( \\$ 8,000 \\). Round all calculations to the nearest dollar. Begin by preparing the budgeted income statement for Option 1 . Requirements 1. Prepare budgeted income statements for both options, assuming both options begin in January and January sales remain \\( \\$ 8,000 \\). Round all calculations to the nearest dollar. 2. Which option should Nettle choose? Explain your reasoning. Option 1 is to increase advertising by \\( \\$ 700 \\) per month. Option 2 is to use better-quality materials in the manufacturing process. The better materials will increase the cost of goods sold to \45 but will provide a better product at the same sales price. The marketing manager projects either option will result in sales increases of \30 per month rather than \20