Please read and answer all questions correctly. No more incorrect or incomplete answers, please. Thanks!

The following comparative income statement (in thousands of dollars) forthe 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. Gurrent Year Previous Year 2 Revenues: $10112400 S121,032.00 14035.00 14809200 4 Event-related revenue 5 NASCAR broadcasting revenue 174,432.00 166,296.00 56,580.00 48.348.00 6 Other operating revenue S47400000 S492,00000 7 Tota revenue Expenses and other: Direct expense of events $92,430.00 $94,956.00 119,448.00 10 NASCAR purse and sanction fees 127 428.00 17061.00 11 Other directexpenses 18.204.00 226,812.00 $417120.00 S46,400.00 13 Total expenses and other $56,880.00 $24,600.00 Income from continuing operations Required 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 Rounding instructions B. Comment on the significant changes