Help Save Required information Hudson Co. reports the contribution margin income statement for 2017 Contribution Margin Income Statement Sales (11,100 units at $375 each) Variable costs (11,100 units at $300 each) Contribution margin Fixed costs Pretax income $4,162,500 3,330,000 832,500 660,000 172,500 1. Assume Hudson Co. has a target pretax income of $156,000 for 2018. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target pretax income for 2018, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.) Amount of sales of 1. Prey67 8 9 of 10Next >