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Prepare a comparative income statement for these two years in vertical form, stating each item as a percent of revenues. Enter all amounts as positive

Prepare a comparative income statement for these two years in vertical form, stating each item as a percent of revenues. Enter all amounts as positive numbers. Percentage sign will appear automatically. Rounding instructions

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Speedway Motorsports, Inc. Comparative Income Statement (in thousands of dollars) For the Years Ended December 31 Current Year Current Year Previous Year Previous Year Amount Percent Amount Percent 2 3 Revenues: $93,991.00 $106,074.00 Admissions 4 Event-related revenue 142,204.00 134,460.00 5 NASCAR broadcasting revenue 189,930.00 179,280.00 6 Other operating revenue 60,875.00 78,186.00 $487,000.00 $498,000.00 100.0% 100.0% Total revenues 8 Expenses and other: 9 $96,913.00 $100,098.00 Direct expense of events 10 NASCAR event management fees 121,263.00 123,006.00 11 Other direct operating expenses 17,045.00 25,398.00 12 General and administrative 193,339.00 229,578.00 13 $428,560.00 $478,080.00 Total expenses and other 14 $58,440.00 $19,920.00 Income from continuing operations 15

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