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statement items appeared on the adjusted tial balance of Schembri Manufacturing Corporation for the year 31, 2018 ($ in 000s) sales revenue. $15,500, cost of

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statement items appeared on the adjusted tial balance of Schembri Manufacturing Corporation for the year 31, 2018 ($ in 000s) sales revenue. $15,500, cost of goods sold, $6,300. selling expenses, $1,310, general and The fol administrative expenses, $810, interest revenue, $80; interest expense, company's income tax rte is 40% on all items of Income or loss. These revenue and expense items appear in the c $190. Income taxes have not yet been recorded. The nt every year. The company's controller, however, has asked for your help in determining thea e treatment of the following nonrecurring transactions that also occurred during 2018 ($ In 000s). All transactions are material in amount were sold during the year at a loss of $230. Schembn also had unrealized gains of $330 for the year on Investments. 2 One of the company's factories was closed during the year Restructuring costs incurred were $1.300 3. During the year, Schembri completed the sale of one of its operating that qualifies as a component of the entity according to GAAP. The division had Incurred a loss from operations of $500 in 2018 prior to the sale, and its assets were sold at a galn of $1.420. 4. In 2018, the company's accountant discovered that depreciation expense in 2017 for the office building was understated by $210 5. Negatve foreign currency translation adjustment for the year totaled $260 1. Prepare Schembr's single, continuous multiple-step statement of comprehenstve income for 2018, including earnings per share disclosures. One miltion shares of common stock were outstanding at the beginning of the year and an additional 400,000 shares were issued on July 1, 2018 2. Prepare a separate statement of comprehensive Income for 2018. g earnings per shares of answers in thousands. Round EPS answers to 2 decimal places.) of

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