I haven’t been able to find this anywhere. I am fairly new to Scrivener and getting close to finishing my first draft. I see that I can create a status of first draft for my chapters. However I would like to create a second draft that would then show the crossed out text for things I have removed and highlight text that has been added so I can compare the drafts as I edit. Is there a way to do this?

You can take named snapshots of all the documents in the draft and call them first draft. Then use the compare function while editing.

Perfect, thank you very much.