In this question

$\begin{array}{l}\text{(5696 + 4}-\text{?)}\times \text{5 = 1020}\\ \\ \Rightarrow \text{\hspace{0.17em}(1424 - ?)}\times \text{5 = 1020}\\ \\ \Rightarrow \text{\hspace{0.17em}1424}-\text{?=204}\\ \\ \Rightarrow \text{\hspace{0.17em}? =1424}-\text{204}\\ \\ \Rightarrow \text{\hspace{0.17em}? = 1220}\end{array}$

Hence, Option D is correct.