Hudson Co. reports the contribution margin income statement for 2017. HUDSON CO. contribution Mar For Year Ended December 31, 2017 Sales (10,800 units at $375 each) Variable costs (10,800 units at $300 each) Contribution margin Pixed costs Pretax income $4,050,000 3,240,000 810,000 660,000 $ 150,000 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. 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) egree of operating everage