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The following income stetement items appeared on the adjusted trial balance of Schembn Manufacturing Corporation for the year ended December 31,2024 ( $ in thousands);

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The following income stetement items appeared on the adjusted trial balance of Schembn Manufacturing Corporation for the year ended December 31,2024 ( $ in thousands); sales revenue, $17,700, cost of goods sold, $7,400,5elling expenses, 51,420 ; peneral and administratwe expenses, 5920 , interest revenue, 5190 ; interest expense, 5330 income taxes have not yet been recorded. The company's income tax rate is 25% on ali items of income or loss. These revenue and expense thems appear in the company's income statement every yeat. The company's controler, however, has asked for your help in determining the appropriate treatment of the following nonrecurring transactions that also occurred during 2024 ( 5 in thousands). All transactions are material in amount. 1. Investments were sold during the yeat at a loss of $340. Schembil also had an unrealized gain of 5440 for the year on investments in debt securities that quasy as components of comprehensive income. 2. One of the company's factories was closed dufing the year. Restructuring costs incurted were $1.500 3. During the year, Schembri completed the sale of one of its operating divislons that qualifies as a component of the entry according to GAAP. The divion had incurred a loss from operations of 5680 in 2024 prior to the sale, and its assets were sold af a gain of 31,640 4. In 2024, the company's accountant discovered that depreciation expense in 2023 for the office buliding was understated by $320. The amount is considered material. 5. Negative forcign cuerency translation adjustment for the year totaled $360. Requlred: 1. Prepare Schembri's single, continuous multiple-step statement of comprehensive income for 2024 , including earnings per share disclosures. There were 1,000,000 shares of common stock outstanding at the beginning of the year and an additional 400,000 shares were issued on July 1, 2024. 2. Prepare a separate statement of comprehensive income for 2024. Complete this question by entering your answers in the tabs belew. Prepare schembri's single, continuous mulvple-step statement of comprehensive income for 2024; including esmings per share disdosures. There were 1,000,000 shares of common stock outstanding at the beginning of the year and an additional 400,000 shares were issued on July 1,2024. Note: Amounts to be deductod should be indicated with a minus sgn. Enter your answers in thousands. Round EFS answers ta 2 decimal places

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