The following comparative income statement (in thousands of dollars) for two recent fiscal years was adapted from the annual report of Motor Speedways Inc., owner and operator of several major motor speedways. 1 Current Year Previous Year 2 Revenues: 3 Admissions $107,124.00 $121,032.00 4 Event-related revenue 144,096.00 148,092.00 5 NASCAR broadcasting revenue 174,432.00 166,296.00 6 Other operating revenue 48,348.00 56,580.00 7 Total revenues $474,000.00 $492,000.00 8 Expenses and other: 9 Direct expense of events $92,430.00 $94,956.00 10 NASCAR event management fees 119,448.00 127,428.00 11 Other direct operating expenses 17,064.00 18,204.00 12 General and administrative 188,178.00 226,812.00 13 Total expenses and other $417,120.00 $467,400.00 14 Income from continuing operations $56,880.00 $24,600.00 A. 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 B. Comment on the significant changes

.