htmi 18 Homework Help S Required information The following information applies to the Hudson Co. reports the contribution margin income statement for 2017. s displayed below) HUDSON co. Contribution Margin Income Statement December 31, 2017 Sales (9,700 units at $280 each) Variable costs (9,7ee units at $210 each) 2,37,800 Contribution margin Fixed costs Pretax income $2,716,00e 679,000 $238,0e0 t amount of sales (in dollars) is needed to produce this 1. Assume Hudson Co. has a target pretax income of $163,000 for 2018. Wha 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.) 2. Margin of safety