At a certain company, employees who earn $20.00 per hour will be given an increase of $1.00 per hour. For each of the other employees, either the employee will be given an increase of $1.00 per hour or the employee will be given a percent increase equal to the percent increase that will be given to the employees who earn $20.00 per hour, whichever results in a larger increase for that employee. Which of the following statements are true?I. An employee who earns less than $20.00 per hour will be given a percent increase that is greater than the percent increase that will be given to the employees who earn $20.00 per hour. II. An employee who earns $22.00 per hour will be given an increase of $1.10 per hour. III. An employee who earns $24.00 per hour will earn $25.20 per hour after the increase. A. I onlyB. II onlyC. III onlyD. I and II onlyE. I, II, and III