Check my Problem 4-7 Income statement presentation; statement of comprehensive income; unusual items [LO4- 1, 4-3, 4-4, 4-5, 4-6] The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2018 IS in 000sk sales revenue, $17100: cost of goods sold, $7,100, selling expenses $1,390; general and administrative expenses, S890, interest revenue, $160. interest expense. $210. Income taxes have not yet been recorded. The company's income tax rate s 40% on all items of income or loss. These revenue and expense items appear in the company's income statement ewery year. The company's contraller, however, has asked for your help in determining the approprlate treatment of the tollowing nonrecurring transactions that also occurred during 2018 ($ in 000s) All transactions are materiai in amount 1. investments were sold during the year at a loss of S310Schembri also had unrealized gains of S400 for the year on investments. One of the company's factories was closed during the year. Restructuring costs incrred were $2.100. 3. During the year, Schemori completed the sale of one of its operating dvisions that qualhes as a component of the ondity according 2. to GAAP The division had incurred a loss from operations o $620 in 2018 prior to the sale, and its assets were sakd at e gain of $1,580. 4. In 2018, the company's accountant discavered that depreciation expense in 2017 for the offlice building was understated by $250 5. Negative foreign currency transiation adjustment for the year totaled $330 Required: 1. Prepare Schembri's single, cominuous mutiple-step statement of comprehensive income for 20I8, inclucing earrings per sharc disclosures. One million shares of common stock were outstanding at the beginning of the year and an adaitional 400000 shares were issued on July 1,2018