Rembrandt Paint Company had the following income statement items for the year ended December 31, 2016 ($ in 000s)

Net Sales - $24,000 Interest Income - 260 Interest Expense - 470 Cost of Goods Sold - 13,500 Selling and Admin Exp - 3,100 Restructuring costs - 1,400

In addition, during the year the company completed the disposal of its plastics business and incurred a loss from operations of $2.2 million and a gain on disposal of the components assets of $3.2 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)

Prepare a multiple-step income statement for 2016, including EPS disclosures. (Round EPS anwsers to two decimals.)

Rembrandt Paint Company Income Statement For the Year Ended December 31, 2016 ($ in the thousands, except per share amounts)