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Rembrandt Paint Company had the following income statement items for the vaar andia n-1 ber 31,2024 ($ in thousands): million and auring the year, the

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Rembrandt Paint Company had the following income statement items for the vaar andia n-1 ber 31,2024 (\$ in thousands): million and auring the year, the company completed the disposal of its plastics busine is and incurred a loss from operations of $2.7 throughout 2024 . Income tax of the component's assets of $4.2 million. There were 600,000 shares of common stock outstanding throughout 2024, 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 2024, 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 2 decimal places

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