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 International Speedway Corporation (ISCA), owner and operator of several major motor speedways, such as Deytone International Speedway and the Talladega Superspeedway Ravenues Admissions Current Year Previous Year $109,602 $121,505 Event-related revenue t 500,505 491,664 Food, beverage, and merchandis 35,669 41,293 Other operating revenue 21.260 16,971 Tutal revenues $675,036 5671,433 Expenses and ther Event-related expenses (145,093) 134,030) NASCAR avent management fe (105,200) (178,403) Food, beverage, and merchandise (27,278) (29,593) General and administrative (224,303) (233,145) Tital expenses and other Income frum continuing operations (581.874) $575,277) 493,162 156,156