Hudson Company reports the following contribution margin income statement. HUDSON COMPANYContribution Margin Income StatementFor Year Ended December $31$Sales $(10,700$ units at $$300$ each$)$$ $3,210,000$Variable costs $(10,700$ units at $$240$ each$)2,568,000$Contribution margin$642,000$Fixed costs$504,000$Income$ $138,0001.$ Assume Hudson has a target income of $$161,000.$ 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.$)$