Rembrandt Paint Company had the following income statement items for the year ended December 31, 2016 ($ in 000s): Net sales $30,000 Cost of goods sold $16,500 Interest income 320 Selling and administrative expenses 3,700 Interest expense 590 Restructuring costs 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 $4.4 million. 600,000 shares of common stock were outstanding throughout 2016. Income tax expense has not yet been recorded. The income tax rate is 40% on all items of income (loss). Earnings per share: REMBRANDT PAINT COMPANY Income Statement For the Year Ended December 31, 2016 ($ in thousands, except per share amounts) 0 0 0