Rembrandt Paint Company had the following income statement items for the year ended December 31, 2021 ($ in thousands):

[answerhappygod]

Rembrandt Paint Company Had The Following Income Statement Items For The Year Ended December 31 2021 In Thousands 1 (71.1 KiB) Viewed 37 times

Rembrandt Paint Company had the following income statement items for the year ended December 31, 2021 ($ in thousands): $36,000 Cost of goods sold Sales revenue Interest revenue Interest expense 460 660 Selling and administrative expense Restructuring costs $19,500 4,300 2,600 In addition, during the year the company completed the disposal of its plastics business and incurred a loss from operations of $3.4 million and a gain on disposal of the component's assets of $5.6 million. 800,000 shares of common stock were outstanding throughout 2021. Income tax expense has not yet been recorded. The income tax rate is 25% on all items of income (loss). Required: Prepare a multiple-step income statement for 2021, including EPS disclosures. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands except earnings per share. Round EPS answers to 2 decimal places.) REMBRANDT PAINT COMPANY Income Statement For the Year Ended December 31, 2021 ($ in thousands, except per share amounts) Gross profit Operating expenses: Operating income Other income (expense): Other income, net Income from continuing operations before income taxes Income from continuing operations Discontinued operations: Income on discontinued operations Net income Earings per share: Net income