The following comparative income statement (in thousands of dollars) for the two recent fiscal years was adapted from the annual report of Calvin Motorsports, Inc., owner and operator of several major motor speedways, such as the Atlanta, Texas, and Las Vegas Motor Speedways. Current Year Previous Year Revenues: Admissions $208,656 $211,356 Event-related revenue 222,824 204,558 NASCAR broadcasting revenue 132,664 101,970 Other operating revenue 79,856 100,116 Total revenue $644,000 $618,000 Expenses and other: Direct expense of events $116,564 $117,420 NASCAR purse and sanction fees 127,512 116,184 Other direct expenses 104,972 88,992 General and administrative 95,956 90,228 Total expenses and other $445,004 $412,824 Income from continuing operations $198,996 $205,176 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. Enter all amounts as positive numbers.

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

$ 208,656

%

$ 211,356

%

Event-related revenue

222,824

%

204,558

%

NASCAR broadcasting revenue

132,664

%

101,970

%

Other operating revenue

79,856

%

100,116

%

Total revenue

$ 644,000

%

$ 618,000

%

Expenses and other:

Direct expense of events

$ 116,564

%

$ 117,420

%

NASCAR purse and sanction fees

127,512

%

116,184

%

Other direct expenses

104,972

%

88,992

%

General and administrative

95,956

%

90,228

%

Total expenses and other

$ 445,004

%

$ 412,824

%

Income from continuing operations

$ 198,996

%

$ 205,176

%