Hudson Company reports the following contribution margin income statement.

HUDSON COMPANY

Contribution Margin Income Statement

For Year Ended December $31$

Sales $(11,500$ units at $$225$ each$)$ $ $2,587,500$

Variable costs $(11,500$ units at $$180$ each$)2,070,000$

Contribution margin $517,500$

Fixed costs $360,000$

Income $ $157,500$Required information

$[$The following information applies to the questions displayed below.$]$

Hudson Company reports the following contribution margin income statement.

Assume Hudson has a target income of $$154,000.$ What amount of sales $($in dollars$)$ is needed to produce this target income?

If Hudson achieves its target income, what is its margin of safety $($in percent$)?$

Note: Round your answer to $1$ decimal place.