Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,700 units at $280 each) $ 2,716,000 Variable costs (9,700 units at $210 each) 2,037,000 Contribution margin 679,000 Fixed costs 441,000 Pretax income $ 238,000 1. Assume Hudson Co. has a target pretax income of $163,000 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.)