please explain your answer step by step. and also the formula you used to solve each step.... thanks

Lyda's Omasel handmade amaments for $58 permanent Operator2000 is as follows Con to the income stunt Lydia the owner of the company wants to Seng income or the next year bytast 20:000 To do so, the coming the flowing Ver Read the Echowed by Logo Amative More info Data table Cow + Spend 540.000 nang which should retina o cewek 2 Intressing roto 542 per one which is concerte dieses by 205 1. Montero che nonosco by 548.000 dereco 515 Souronne w meg mesa de contesto Trece Server 130 permanent Operating com Carrer et 550.000 40001 170000 15.00 150 Pue Done Print Done dia's Omaments sells handmade ornaments for $30 per ornament Operating income for 2020 is as follows: Click the icon to view the income statement.) - aluate each of the alternatives considered by Lydia's Ornaments (Use parentheses or a minus sign for an operating loss.) Alternative 1 ales revenue ariable cost Data table ontribution margin xed cost Sales revenue ($30 per ornament) $ 510,000 perating income (los) Variable cost ($20 per ornament) 340,000 Contribution margin 170,000 Fixed cost 85 000 $ 85,000 Operating income Print Done Lydia, 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 More info x 1. Spend $40,000 on advertising, which should result in a 10% increase in sales 2. Increase selling price to S42 per ornament, which is expected to decrease sales by 20%. 3. Automate some steps in the manufacturing process, which would increase fixed costs by S46,000 and decrease variable cost to $15.00 per unit. Sales would remain the same 4. Increase the selling price to S32 and decrease variable costs to $16. This alternative would result in a 5% decrease in sales Print Done