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Use the following information for the Exercises below. (Algo)

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Hudson Company reports the following contribution margin income statement.

HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
Sales (10,400 units at $280 each)	$ 2,912,000
Variable costs (10,400 units at $210 each)	2,184,000
Contribution margin	728,000
Fixed costs	567,000
Income	$ 161,000

Exercise 5-12 (Algo) Target income and margin of safety LO C2

1. Assume Hudson has a target income of $170,000. What amount of sales (in dollars) is needed to produce this target income?

If Hudson achieves its target income, what is its margin of safety (in percent)?

Note: Round your answer to 1 decimal place.