[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 (10,600 units at $300 each) $ 3,180,000 Variable costs (10,600 units at $240 each) 2,544,000 Contribution margin 636,000 Fixed costs 480,000 Income $ 156,000