ex17-2 Current Year previous year

Revenues:

Admissions 116034 130239

Event-related revenue151,562163621

NASCAR broadcasting revenue192,662185394

Other operating revenue 29,902 26951

Total revenue 490,160506205

Expenses and other:

Direct expense of events 101402106204

NASCAR purse and sanction fees 122950 120146

Other direct expenses 18908 20352

General and administrative 183215 241223

Total expenses and other 426475487925

Income from continuing operations6368518280

a. Prepare a comparative income statement for these two years in vertical form, stating each item as a percent of revenues. Round to one decimal place.

b. Comment on the significant changes.