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 $179,422 $182,091 Event-related revenue 188,298 172,956 NASCAR broadcasting revenue 228,240 205,842 Other operating revenue 38,040 48,111 Total revenue $634,000 $609,000 Expenses and other Direct expense of events $98,904 $99,876 NASCAR purse and sanction fees 109,682 99,876 Other direct expenses 162,938 144,333 General and administrative 79,884 74,907 Total expenses $451.408 $418,992 $190,008 Income (loss) from continuing operations $182,592 Note: "General administrative expenses for the year 1 includes impairment of goodwill of $39,942 a. Prepare a comparative Income statement for Years 1 and 2 in vertical form, stating each item as a percent of revenues. Round percentages to one decimal place. Enter all amounts as positive numbers. Speedway Motorsports, Inc Comparative Income Statement (in thousands of dollars) For the Years Ended December 31, Year 2 and Year 1 Year 2 Amount Year 2 Percent Year 1 Amount Year 1 Percent Revenues: Admissions $179,422 $182,091 Event-related revenue 188,298 172,956 NASCAR broadcasting revenue 228,240 205,842 % Other operating revenue 38,040 48,111 % Total revenue $634,000 $609,000 Expenses and other Direct expense of events $98,904 % $99,876 NASCAR purse and sanction fees 109,682 99,876 Other direct expenses 162,938 144,333 General and administrative 79,884 74,907 Total expenses $451,408 $418,992 $182,592 $190,008 Operating income (loss) 96 % % % * ### %