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40 1 notexternal_browser=0&launchUrl=https%2 Seved mheducation.co Check my work mode: This shows what is correct or incorrect for the work you have completed so far.
40 1 notexternal_browser=0&launchUrl=https%2 Seved mheducation.co Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does no Rembrandt Paint Company had the following income statement items for the year ended December 31, 2024 (5 in thousands Sales revenue Interest revenue Interest expense $30,000 Cost of goods sold 340 Selling and adeinistrative expense 540 Restructuring costs $10,500 3,700 2,000 In addition, during the year, the company completed the disposal of its plastics business and incurred a loss from operations of $2.8 million and a gain on disposal of the component's assets of $4.4 million. There were 600,000 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 pos 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. Answer is not complete. REMBRANDT PAINT COMPANY Income Statement For the Year Ended December 31, 2024
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