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

Sales revenue	$	20,000	Cost of goods sold	$	11,500
Interest revenue		140	Selling and administrative expense		2,700
Interest expense		340	Restructuring costs		1,000

In addition, during the year the company completed the disposal of its plastics business and incurred a loss from operations of $1.8 million and a gain on disposal of the components assets of $2.4 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).

REMBRANDT PAINT COMPANY Income Statement For the Year Ended December 31, 2021 ($ in thousands, except per share amounts) Sales revenue Cost of goods sold Gross profit Operating expenses Selling and administrative expenses $ Restructuring costs 20,000 (11,500) 8,500 (2,700) (1,000) (3,700) 4,800 Operating income Other income (expense): Interest expense (340) (340) 4,460 (1,115) 3,345 600 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 (150) 450 3,795 $ $ 11.90 0.75 6.33 $