Hudson Co. repots the contribution margin income statement for 2017 HUDSON.cO Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (10,800 units at $280 each) Variable costs (10,8e0 units at $210 each) Contribution margin Fixed costs Pretax income $3,824,ee0 2,268,e0e $ 756,000 567,000 $ 189,e00 1. Compute the company's degree of operating lverage for 2017 2. lf sales decrease by 5% jn 2018,what will be the company's pretax income? 3, Assume sales for 2018 decrease by 5%. Prepare a contribution margin income statement for 2018. Complete this question by entering your answers in the tabs below 1. Compute the company's degree of operating leverage for 2017 2/fales decrease by.5% in 2018, what will be the company's pretax income? 3. Assume sales for 2018 decrease by 5% Prepare a contribution margin income statement for 2018. ........- T- Required 1 Required 2 Required 3 Compute the company's degree of operating leverage for 2017. (Round your answer to 1 decimal place.) Complete this question by entering your answers in the tabs below Requited 1 Required Required 3 1. Compute the company's degree of operating leverage for 2017 2.If sales decrease by 5% in 2018, what will be the company's pretax income? 3. Assume sales for 2018 decrease by 5%. Prepare a contribution margin income statement for 2018. Assume sales for 2018 decrease by 5%. Prepare a contribution margin income statement for 2018. HUDSON Co. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2018 Complete this question by entering your answers in the tabs below Salcs Vanable costs Contribution margin Ftced costs Income ipretax) Required 1 Required 2 Required 3 If sales decrease-by 5% in 2018, what will be the company's pretax income? income