12 Hudson Co. reports the contribution margin income statement for 2019. 1.74 points HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,800 units at $280 each) Variable costs (10,800 units at $210 each) Contribution margin Fixed costs Pretax income $3,024,000 2,268,000 $ 756,000 567,000 $ 189,000 eBook 1. Compute the company's degree of operating leverage for 2019. 2. If sales decrease by 5% in 2020, what will be the company's pretax income? 3. Assume sales for 2020 decrease by 5%. Prepare a contribution margin income statement for 2020. Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the company's degree of operating leverage for 2019. (Round your answer to 1 decimal place.) Degree of operating leverage 0.3 K Required 1 Required 2 > 12 Hudson Co. reports the contribution margin income statement for 2019 1.74 points HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,800 units at $280 each) Variable costs (10,800 units at $210 each) Contribution margin Fixed costs Pretax income $3,024,000 2,268,000 $ 756,000 567.900 $ 189,000 eBook E 1. Compute the company's degree of operating leverage for 2019. 2. If sales decrease by 5% in 2020, what will be the company's pretax income? 3. Assume sales for 2020 decrease by 5%. Prepare a contribution margin income statement for 2020. Print References Complete this question by entering your answers in the tabs below. Required 1 Reguired 2 Required 3 If sales decrease by 5% in 2020, what will be the company's pretax income? Pretax income rrelda LIILUN + 1Uyuy 12 1. Compute the company's degree of operating leverage for 2019. 2. If sales decrease by 5% in 2020, what will be the company's pretax income? 3. Assume sales for 2020 decrease by 5%. Prepare a contribution margin income statement for 2020. 1.74 points Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Print Assume sales for 2020 decrease by 5%. Prepare a contribution margin income statement for 2020. References HUDSON CO. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2020 Sales $ 3,416,000 Variable costs 2,562,000 Contribution margin 854,000 Fixed costs 741,000 Income (pretax) $ 113,000