Hudson Co. reports the contribution margin income statement for 2015. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2015 Sales (9,800 units at $170 each) Variable costs (9,800 units at $119 each) $ 1,666,000 1,166,200 $ Contribution margin Fixed costs 499,800 260,100 Pretax income $ 239,700 1. Assume Hudson Co. has a target pretax income of $162,000 for 2016. What amount of sales (in dollars) is needed to produce this target income? Amount of sales 2. If Hudson achieves its target pretax income for 2016, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.) Margin of safety %