Vertical Analysis of Income Statement 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 Revenues: Current Year Previous Year Admissions $103,086 $116,905 Event-related revenue 137,448 153,985 NASCAR broadcasting revenue 179,778 170,465 Other operating revenue 77,688 73,645 Total revenue $498,000 $515,000 Expenses and other Direct expense of events $99,600 $99,910 NASCAR event management fees 121,512 127,205 Other direct operating expenses 28,386 26,780 General and administrative 196,710 240,505 Total expenses and other $446,208 $51,792 $494,400 $20,600 Income from continuing operations 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 at 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