To follow is the $2021$ income statement of Panda's Imports, Inc.

$($Click the icon to view the income statement.$)$

Read the requirements.

How much gross profit did Panda earn on the sale of its products in $202$ a minus sign for losses.$)$

Gross profit $$ thousand Income from continuing operations thousand Net income thousand

Requirements

How much gross profit did Panda earn on the sale of its products in $2021?$ How much was income from continuing operations? How much net income did the company earn?

At the end of $2021,$ what dollar amount of income would most'sophisticated investors use to predict Panda's Imports' net income for $2022$ and beyond? Name this item, give its amount, and state your reason.

Data table

Panda's Imports, Inc.

Consolidated Statement of Operations $($Adapted$)$

$\backslash$table$[[($In thousands except per share amounts$),$Year Ended$],[,2021,2020],[$Net sales,$$,1,825,775$$$,1,806,221$