Vertical Analysis of the Income Statement The following comparative income statement {in thousands of dollars] for two recent fiscal vears was adapted from the annual report of MEDSTAR HOSPITAL CENTER INC, owner and operator of several major hospitals located in itlanta, Texas, and Arizona. Revenues: Routine services $ 100,694 $ 100,?98 Premium revenue 146,980 146,849 Patient service revenue 212,469 202,369 Other operating revenue 31,320 29,293 Total revenue $ 496,463 5 484,309 Expenses and other: Direct expenses $ 104,303 $ 102,196 Management fees 133,682 128,254 Other direct expenses 19,541 18,513 General and administrative 122,926 194,120 Total expenses and other 5}; 435,452 $ 443,083 Income from continuing operations 5 61,011 $ 41,226 Prepare a comparative income statement for these two vears in vertical form, stating each item as a percent of revenues. Round percentages to one decimal place. MEDSTAR HOSPITAL CENTER INC. Comparative Income Statement (in thousands of dollars) For the Years Ended December 31 Current Year Prior Year Revenues: Routine services :1; 100,694 ' $ 100,798 Premium revenue 146,980 146,849 Patient service revenue 217,469 207,369 Other operating revenue 31,320 29,293 Total revenue 496,463 484,309 Expenses and other: Direct expenses :1; 104,303 $ 102,196 Management fees 133,682 128,254 Other direct expenses 19,541 18,513 General and administrative 177,926 194,120 Total expenses and other 435,452 443,083 Income from continuing operations $ 61,011 $ 41,226