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lowing comparat come statement in thousands of ds) for twe cant facal years was aptal run the alt of Calvin Mataports, I Speedways Revenues A

lowing comparat come statement in thousands of ds) for twe cant facal years was aptal run the alt of Calvin Mataports, I Speedways Revenues A other speeting Yotal reverse expenses and other $125,000 274216 152,500 383,500 81,000 Dract expense of events NASCAR vert 12,000 other drect opersong expenses General and 30,000 22700 42 from continge 5475,000 $21,000 venues come set for these two years in vertical farm, sach Calvin Matarsport Comparative income Statement in thousands of dollars) for the Year Ended December 31 Current Year Amount Current Year Percent 134 percent of evenas Round to The following comparative income statement (in thousands of dollars) for two recent fiscal years was adapted from the annual report of Calvin Motorsports, Inc., owner and oper Speedways. Revenues: Current Year Previous Year Admissions $108,336 $121,000 Event-related revenue 134,688 152,500 NASCAR broadcasting revenue 174,216 163,500 Other operating revenue 70,760 63,000 Total revenue $488,000 $500,000 Expenses and other: Direct expense of events $95,648 $103,500 NASCAR event management fees 121,024 128,000 Other direct operating expenses 21,960 30,000 General and administrative 192,760 217,500 Total expenses and other $431,392 $479,000 Income from continuing operations $56,608 $21,000 nd to one decimal place Enter all amount M pas comptant ellen, stab Calvin Mutersparts, t Por the Years Ended December 31 NASCAR ingre operating se Destef Current Year SHIN THENS Year Amount Price Year $500 000 09010:59 repare a comporalov income statement for these two years in vertical form, stating each item as a percent of revenues. Round to one decimal place. Enter all amounts as positive re Calvin Motorsports, Inc. Comparative Income Statement (in thousands of dollars) For the Years Ended December 31 Current Year Amount Current Year Percent Prior Year Amount Prior Year Percent Revenues: Admissions Event-related revenue $108,336 134,688 $121,000 152,500 NASCAR broadcasting revenue 174,216 163,500 other operating revenue 70,760 63,000 Total revenue $488,000 $500,000 Expenses and other Direct expense of events $95,648 $103,500 NASCAR event management fees 121,024 128,000 Other direct operating expenses 21,960 General and administrative 192,760 30,000 217,500 $479,000 $21,000 Total expenses and other Income from continuing operations $431,392 556,608 same between the two years, the overall mix of revenue sources did change somewhat The NASCAR broadcasting revenue sindicantly improved because of

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