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Use the following information for the Exercises below. (Algo)

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[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 (10,900 units at $225 each)	$ 2,452,500
Variable costs (10,900 units at $180 each)	1,962,000
Contribution margin	490,500
Fixed costs	387,000
Income	$ 103,500

Exercise 18-12 (Algo) Target income and margin of safety LO C2

1. Assume Hudson has a target income of $159,000. 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.)