Hudson Company reports the following contribution margin Income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,100 units at $300 each) Variable costs (10,100 units at $240 each) Contribution margin Fixed costs Income $3,030,000 2,424,000 606,000 468,000 $138.000 1. Assume Hudson has a target Income of $167,000. 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? Note: Round your answer to 1 decimal place. 1. Dollar sales for target income 2. Margin of safety