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Rembrandt Paint Company had the following income statement items for the year ended December $31,2024($ $ in thousands$)$:

$\backslash$table$[[$Sales revenue,$28,000,$Cost of goods sold,$15,500],[$Interest$,300,\backslash$table$[[$Selling and administrative$],[$expense$]],3,500],[\backslash$table$[[$Interest$],[$expense$]],500,$Restructuring costs,$1,800]]$

In addition, during the year, the company completed the disposal of its plastics business and incurred a loss from operations of $$2\mathrm{.}6$ million and a gain on disposal of the component's assets of $$4$ million. There were $700,000$ shares of common stock outstanding throughout $2024.$ 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 $2024,$ including EPS disclosures.

Note: 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.

$\backslash$table$[[$REMBRANDT PAINT COMPANY$],[$Income Statement$],[$For the Year Ended December $31,2024],[($ $ in thousands, except per share amounts$)],[,,],[,,],[$Gross profit$],[$Operating expenses:$],[,,],[,,],[,,],[,,],[$Operating income$],[$Other income $($expense$)$:$],[,,],[,,],[,,],[$Other income, net$],[\{$

$\backslash$table$[[$Income from continuing operations before$],[$income taxes$]]\}],[],[\{$

$\backslash$table$[[$Income from continuing operations$],[$Discontinued operations:$]]\}],[],[$Discontinued operations:,$],[,,],[$Income on discontinued operations$],[\backslash$table$[[$Net income$],[$Earnings per share:$]]],[$Earnings per share:$],[],[,,],[$Net income,,$]]$

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