Required information [The following information applies to the questions displayed below.) Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement Fon Year Ended December 31 Sales (9,700 units at $280 each) Variable costs (9,700 units at $218 each) Contribution margin Fixed costs $ 2,716,000 2,037, 080 679,900 441,000 $ 238,000 Income 1. Compute break-even point in units. 2. Compute break-even point in sales dollars. units 1. Break-even units 2. Break-even sales dollars Required information [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 (9,700 units at $280 each) Variable costs (9,700 units at $210 each) Contribution margin Fixed costs $ 2,716,000 2,037,000 679,000 441,000 $ 238,000 Income 1. Assume Hudson has a target income of $163,000. 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.) 1. Amount of sales 2. Margin of safety %