Required information

Use the following Information for the Exercises below. $($Algo$)$

$[$The following infomation applies to the questions disployed below$]$

Hudson Company reports the following contribution margin income statement

Exercise $18-12($Algo$)$ Target Income and margin of safety LO C$2$

Ascume Hudson hos $5$ target income of $$156,000.$ What amount of sales $($in dol srs$)$ is needed to produce thls targetincome?

$2$ If Hudson schleves ts target income, what is its magin of sofety in percent?? $($Round your answer to ldecimal place$)$

Answer is complete but not entirely correct.

$\backslash$table$[[\backslash$table$[[1.$Amontol$],[$isist$]],$s $4,$pen,ooo $d,],[\backslash$table$[[2.$ Mirgin of$],[$swilly$]],28\mathrm{.}00,1]]$