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 Speedway Motorsports, Inc., owner and operator of several major motor speedways, such as the Atlanta, Texas, and Las Vegas Motor Speedways. Current Year Previous Year Admissions Event-related revenue NASCAR broadcasting revenue Other operating revenue Expenses and other: 133,632 209,155 28,622 Direct expense of events STOLAS NASCAR event managemen 119.30 Other direct operating expenses 18.502 18,782 General and administrative 177,132 Total expenses and other 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. Enter all amounts as positive numbers. (Note: Due to rounding, amounts may not total 100%). Round your percentages to one decimal place. Speedway Motorsports, Inc. Comparative Income Statement (in thousands of dollars) For the Years Ended December 31 Admissions Current Year Current Year Prior Year Prior Year Amount Amount Percent 140,230 133.632 NASCAR broadcasting 236,592 209,155 Other operating 28,622 Direct expense of NASCAR 198,973 Other direct operating expense General and 18,782 177,132 $413,908 Income from 853.375 $44,370 continuing operation Clack My Work Next