Income statement data (in thousands of dollars) for Collingwood Productions Corporation, a production company involved in the production of motion pictures and home entertainment, for the years ended December 31, 2015 and 2014, are as follows

a. Prepare a comparative income statement for fiscal years 2015 and 2014 in vertical form, stating each item as a percent of revenues. Round to one decimal place.
b. Comment on the significant changes.

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2015 2014 Revenues Expenses: Direct operating Distribution and marketing General and administration Gain on sale of video production group Depreciation and amortization $1,587,600 1,582,700 795,700 547,200 171.400 908, 400 483,500 168.900 (11,000) 4, 200 5,900 Total expenses 1,554.000 $ 33,600 1,520,200 Operating income 62.500