Required information [The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2019, HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,800 units at $280 each) Variable costs (10,800 units at 5210 each) Contribution nargis Fixed costs Pretax income $3,024,000 2,268,000 756,000 567.000 189,000 1. Assume Hudson Co. has a target pretax income of $162,000 for 2020. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target pretax income for 2020, what is its margin of safety in percent)? (Round your answer to 1 decimal place.) 1. Amount of sales 2. Margin of safety