Required information Skip to question [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (11,300 units at $175 each) $ 1,977,500 Variable costs (11,300 units at $140 each) 1,582,000 Contribution margin 395,500 Fixed costs 315,000 Income $ 80,500 The marketing manager believes that increasing advertising costs by $74,000 will incr