Problem 4-6 (Static) income statement presentation; Discontinued operations; EPS LO4-1, 4-3, 4-4, 4-5 Rembrandt Paint Company had the following income statement items for the year ended December 31, 2021in thousands Sales revenue Interest revenue Interest expense $18,eee Cost of goods sold 100 Selling and administrative expense 39 Restructuring costs $10.5ee 2,5ee In addition during the year the company completed the salofts plastic business and incurred a loss from operations of $16 million and again on disposal of the component's assets of $2 million, 500,000 shares of common stock were outstanding throughout 2021. Income tax expense has not yet been recorded. The income tax 25% on all items of come foss). Required: Prepare a multiple step income statement of 2021, including PS dhcosures Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands oncept cominge per share. Round EPS answers to 2 decimal places) REMORANDT PAINT COMPANY Income statement For the Year Ended December 31, 2021 (in thousanda, except per share amount of goods sold Crossro 10,500 8,500 Cost of goods sold Gross profit Operating expenses Selling and administrative expenses Restructuring costs 2,500 800 points 3,300 eBook 5,200 Operating income Other income (expense) Print References Interest revenue 100 (300) Interest expense (200) 5,000 1,250 3,750 400 Other income, net Income from continuing operations before income taxes Income tax expense Income from continuing operations Discontinued operations: Income from operations of discontinued component Income tax expense Income on discontinued operations Net income Earnings per share: Income from continuing operations income on discontinued operations Net income 100 500 4,250 37.50