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Rembrandt Paint Company had the following Income statement Items for the year ended December 3 1 , 2 0 2 4 ( $ in thousands
Rembrandt Paint Company had the following Income statement Items for the year ended December $ in thousands:
In addition, during the year, the company completed the disposal of its plastics business and incurred a loss from operations of $
million and a galn on disposal of the component's assets of $ million. There were shares of common stock outstanding
throughout Income tax expense has not yet been recorded. The income tax rate is on all Items of Income loss
Required:
Prepare a multiplestep income statement for Including EPS disclosures.
Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands except earnings per share.
Round EPS answers to decimal places.
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