Vaper Software provides business analytics software products, including Vaper Desktop, Vaper Server, and Vaper Online. It is considered a leader in the data analytics/business intelligence movement. However, Vaper doesn't just license its products for use by others. It also provides maintenance, support, training, and professional services to various customers. As a consequence, its income statement shows two sources of operating revenues (product licenses/maintenance and services) and two related costs of goods/services provided to customers. Presented below are the items adapted from its recent income statement for the year ended December 31 (in thousands, except per share amounts). Net earnings per share were minus $2.35, which would normally be noted as ($2.35), and the weighted average shares used in the computation was 78,952 $ 13,580 100, 100 102,950 6,930 429,280 Cost of licenses Cost of maintenance and services General and administrative expense Income tax expense License revenue $447,930 12,340 517.520 334,220 Maintenance and services revenue Other income Sales and marketing expense Research and development expense Required: 1. Recognizing that Vaper has two sources of operating revenues, prepare a classified (multiple-step) income statement 2. Which source of operating revenues produces the higher gross profit? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Recognizing that Vaper has two sources of operating revenues, prepare a classified income statement. (Enter all losses with a minus sign. Enter your answers in thousands.) VAPER SOFTWARE Consolidated Statement of Income (in millions) Net revenues License revenue Maintenance and services revenue $ 429 280 447,930 $ 877210 Total net revenue Cost of salos Cost of licenses Cost of maintenance and services