Hudson Co. reports the contribution margin income statement for 2015. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2015 Sales (9,900 units at $250 each) Variable costs (9,900 units at $200 each) $ 2,475,000 1,980,000 $ Contribution margin Fixed costs 495,000 260,000 Pretax income $ 235,000 1. Assume Hudson Co. has a target pretax income of $165,000 for 2016. What amount of sales (in dollars) is needed to produce this target income? Amount of sales 2. If Hudson achieves its target pretax income for 2016, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.) Margin of safety %