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Rembrandt Paint Company had the following income statement items for the year ended December 31, 2018 ($ in 000s) 27,000 Cost of goods sold Net

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Rembrandt Paint Company had the following income statement items for the year ended December 31, 2018 ($ in 000s) 27,000 Cost of goods sold Net sales Interest income Interest expense 290 Selling and administrative expenses 530 Restructuring costs $ 15,000 3,400 1,700 In addition, during the year the company completed the disposal of its plastics business and incurred a loss from operations of $2.5 million and a gain on disposal of the component's assets of $3.8 million. 600,000 shares of common stock were outstanding throughout 2018, Income tax expense has not yet been recorded. The income tax rate is 40% on all items of income (loss) Required: Prepare a multiple-step income statement for 2018, including EPS disclosures. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands except earnings per share. Round EPS answers to 2 decimal places.) REMBRANDT PAINT COMPANY Income Statement For the Year Ended December 31, 2018 ($ in thousands, except per share amounts)

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