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		Current Year			Previous Year
Revenues:
	Admissions			$142,780			$143,060
	Event-related revenue			155,364			141,220
	NASCAR broadcasting revenue			149,072			130,180
	Other operating revenue			36,784			45,540
		Total revenue		$484,000			$460,000
Expenses and other:
	Direct expense of events			$76,472			$76,360
	NASCAR purse and sanction fees			84,216			75,900
	Other direct expenses			119,064			103,960
	General and administrative			61,468			57,040
		Total expenses and other		$341,220			$313,260
Income from continuing operations				$142,780			$146,740

Hide a. Prepare a comparative income statement for these two years in vertical form, stating each item as a percent of revenues. Round to one decimal place. Enter all amounts as positive numbers. Calvin Motorsports, Inc. Comparative Income Statement (in thousands of dollars) For the Years Ended December 31 Current Year Amount Current Year Percent Prior Year Amount Prior Year Percent Revenues: Admissions $ 142,780 % $ 143,060 % Event-related revenue 155,364 % 141,220 % NASCAR broadcasting revenue 149,072 % 130,180 % Other operating revenue 36,784 % 45,540 % Total revenue $ 484,000 % $ 460,000 % Expenses and other: Direct expense of events $ 76,472 % $ 76,360 % NASCAR purse and sanction fees 84,216 % 75,900 % Other direct expenses 119,064 % 103,960 % General and administrative 61,468 % 57,040 % Total expenses and other $ 341,220 % $ 313,260 % Income from continuing operations $ 142,780 % $ 146,740 %

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