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 operator of several major motor speedways, such as the Atlanta, Texas, and Las Vegas Motor Speedways. Current Year Previous Year Revenues: Admissions $97,614 $111,180 Event-related revenue 144,449 154,530 NASCAR broadcasting revenue 177,480 168,300 Other operating revenue 73,457 75,990 Total revenue $493,000 $510,000 Expenses and other: Direct expense of events $96,135 $104,550 NASCAR event management fees 118,813 125,460 Other direct operating expenses 26,129 28,050 General and administrative 197,200 227,970 Total expenses and other $438,277 $486,030 Income from continuing operations $54,723 $23,970 a. 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 $97,614 % $111,180 % Event-related revenue 144,449 % 154,530 % NASCAR broadcasting revenue 177,480 % 168,300 % Other operating revenue 73,457 % 75,990 % Total revenue $493,000 % $510,000 % Expenses and other: Direct expense of events $96,135 % $104,550 % NASCAR event management fees 118,813 % 125,460 % Other direct operating expenses 26,129 % 28,050 % General and administrative 197,200 % 227,970 % Total expenses and other $438,277 % $486,030 % Income from continuing operations $54,723 % $23,970 %