Hudson Company reports the following contribution margin income statement.

HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
Sales (11,100 units at $375 each)	$ 4,162,500
Variable costs (11,100 units at $300 each)	3,330,000
Contribution margin	832,500
Fixed costs	660,000
Income	$ 172,500

1. Assume Hudson has a target income of $156,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.)