Vertical Analysis of Income Statement The following comparative income statement (in thousands of dollars) for two recent years was adapted from the annual report of Speedway Motorsports, Inc. (TRK), owner and operator of several major motor speedways, such as the Atlanta, Bristol, Charlotte, Texas, and Las Vegas Motor Speedways. Year 2 Year 1 Revenues: Admissions $100,694 $100,798 146,980 146,849 Event-related revenue NASCAR broadcasting revenue Other operating revenue 217,469 207,369 31,320 29,293 Total revenue S496,463 $484,309 Expenses and other Direct expense of events S(104,303) S(102,196) NASCAR event management fees (133,682) (128,254) Other direct expenses (19,541) (18,513) General and administrative (285,166) (194,120) etage was to te compace Speedway Motorsports, Inc. Comparative Income Statement (in thousands of dollars) For the Years Ended Year 2 and Year 1 Year 2 amount Year 2 percent Year 1 amount Year 1 percent Revenues: Admissions $100,694 $100,798 146,980 146,849 217,469 207,369 31,320 29,293 $496,463 $484,309 Event-related revenue NASCARS broadcasting revenue Other operating revenue Total revenue Expenses and other Direct expense of events NASCAR event management fees Other direct expenses General and administrative Total expenses Income (loss) from continuing operations $(102,196) S(104,303) (133,682) (128,254) (19,541) (18,513) (194,120) (285,166) S(542,692) $(443,083) S(46,229) $41,226 b. What conclusion can be drawn from the analysis regarding the change in income