2 Prepare a multiple-step income statement for 2024, excluding EPS disclosures. 3 Beta Company had the following income statement items for the year ended 4 December 31, 2024 ($in thousands): 5 6 Sales revenue 7 Dividend revenue 8 Interest expense 9 Cost of goods sold 10 Selling and administrative expense 11 Restructuring costs 12 20000 100 300 10500 2500 800 13 In addition, during the year, the company completed the disposal of 14 its plastics business and incurred a loss from operations of $1.6 million and 15 a gain on disposal of the component's assets of $2 million. There were 16 500,000 shares of common stock outstanding throughout 2024. Income tax 17 expense has not yet been recorded. The income tax rate is 25% on 18 all items of income (loss). 19