ULU.Cucation.com ems - Chapter 18 Seved Help s Hudson Co. reports the contribution margin income statement for 2017. HUDSON CO. Contribution Margin Income Statement For Year Rided December 31, 2017 Sales 10,000 units at $225 each) Variable costs (10,000 units at $180 each) Contribution margin Fixed costs Pretax income $2,250,000 1,800,000 $ 450,000 360,000 $ 90,000 09:09 ok 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. ces 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 2017. (Round your answer to 1 decimal place.) Degree of operating leverage Required 2 >