Rembrandt Paint Company had the following income statement items for the year ended December $31,2021($$ in thousands$)$:

In addition, during the year the company completed the disposal of its plastics business and incurred a loss from operations of $$2\mathrm{.}5$

million and a gain on disposal of the component's assets of $$3\mathrm{.}8$ million. $600,000$ shares of common stock were outstanding

throughout $2021.$ Income tax expense has not yet been recorded. The income tax rate is $25\%$ on all items of income $($loss$).$

Required:

Prepare a multiple$-$step income statement for $2021,$ including EPS disclosures. $($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.$)$