Calstone, Inc., prepares a single, continuous statement of income and comprehensive income. The following situations occurred during the company's 2016 fiscal year: 1. Land that had been held as an investment was sold and a gain was recognized. 2. Losses from foreign currency translation were recognized. 3. Interest revenue was recognized. 4. A division was sold that qualifies as a separate component according to GAAP regarding discontinued operations. 5. Unrealized losses on investments. 6. Restructuring costs were incurred due to downsizing and reorganization of a manufacturing facility. For each situation above, identify the appropriate reporting treatment from the list below (consider each event to be material). a. As a component of operating income. b. As a nonoperating income item (other income or expense). c. As a discontinued operation. d. As an item of other comprehensive income.