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Round your percentages to one decimal place. Due to rounding differences, you will need to: 1. Calculate total expenses and other percentage by adding the
Round your percentages to one decimal place. Due to rounding differences, you will need to: 1. Calculate total expenses and other percentage by adding the expense percentages 2. Calculate the income from continuing operations percentage by deducting total expenses and other percentage from total revenue percentage. Motor Speedways 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 $104,092 $116,928 Event-related revenue 146,809 144,144 NASCAR broadcasting revenue 178,724 168,336 Other operating revenue 61,375 74,592 $491,000 $504,000 Total revenues Expenses and other: Direct expense of events NASCAR purse and sanction fees Other direct expenses $102,312 $99,182 125,205 124,488 21,113 26,712 General and administrative 191,490 223,776 Total expenses and other $436,990 $477,288 Income from continuing operations $54,010 $26,712
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