Hudson Co. reports the contribution margin income statement for 2019, 5 SON CO. Contribution Martin Income Statement For Year Ended December 31, 2019 Sales (8,200 units at $240 each) Variable costs (8,200 units at $180 each) Contribution margin Fixed costs Pretax income 010 $1,968,000 1,476,000 $ 492,000 369,000 $ 123,000 1. Compute the company's degree of operating leverage for 2019, 2. If sales decrease by 5% in 2020, what will be the company's pretax income? 3. Assume sales for 2020 decrease by 5%. Prepare a contribution margin income statement for 2020, 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 2019. (Round your answer to 1 decimal place.) Degea operating leverage Required 2 >