HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (10,600 units at $300 each) Variable costs (10,600 units at $240 each) Contribution margin Fixed costs Pretax income $3,180,000 2,544,000 $ 636,000 480,000 $ 156,000 Exercise 18-17 Target income and margin of safety (in dollars) LO C2 1. Assume Hudson Co. has a target pretax income of $172,000 for 2018. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its targ pretax income for 2015. sits margin of safety (in percent)? (Round your answer to 1 decimal place.) 1. Amount of sales 2. Margin of safety