Vaper Software provides business analytics software products, including Vaper Desktop, Vaper Server, and Vaper Online. It is considered a leader in the data analytics/business intelligence movement. However, Vaper doesn't just license its products for use by others. It also provides maintenance, support, training, and professional services to various customers. As a consequence, its income statement shows two sources of operating revenues (product licenses/maintenance and services) and two related costs of goods services provided to customers. Presented below are the items adapted from its recent income statement for the year ended December 31 (in thousands, except per share amounts). Net earnings per share were minus $2.35, which would normally be noted as ($2.35), and the weighted-average shares used in the computation was 79,108 Cost of licenses Cost of maintenance and services General and administrative expense Income tax expense License revenue $ 13,645 100,230 103,000 7,060 429,410 Maintenance and services revenue Other Income Sales and marketing expense Research and developeent expense 3445.000 12,470 $17.650 334,350 Required: 1. Recognizing that Vaper has two sources of operating revenues prepare a classified (multiple-step) income statement 2. Which source of operating revenues produces the higher gross profit? Required 1 Required 2 Recognizing that Vaper has two sources of operating revenues, prepare a classified income statement. (Enter all losses with a minus sign Enter your answers in thousands.) VAPER SOFTWARE Consolidated Statement of Income (In millions) Net revenues Total net revenge Cost of sales Total cost of sales Operating expenses Total operating expenses