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Rembrandt Paint Company had the following income statement items for the year ended December 31, 2018 ($ in 000s):

Net sales	$	18,000	Cost of goods sold	$	10,500
Interest income		200	Selling and administrative expenses		2,500
Interest expense		350	Restructuring costs		800

In addition, during the year the company completed the disposal of its plastics business and incurred a loss from operations of $1.6 million and a gain on disposal of the components assets of $2 million. 500,000 shares of common stock were outstanding throughout 2018. Income tax expense has not yet been recorded. The income tax rate is 30% on all items of income (loss). Required: Prepare a multiple-step income statement for 2018, including EPS disclosures. (Any amounts to be deducted, including expenses, should be indicated with a minus sign. Enter your answers in thousands except earnings per share. Round EPS answers to 2 decimal places.)

Answer is not complete REMBRANDT PAINT COMPANY Income Statement For the Year Ended December 31, 2018 $ in thousands, except per share amounts) Sales revenue $ 18,000 (10,500) Cost of goods sold Gross profit 7,500 Operating expenses 2,500 Selling and administrative Restructuring costs 800 3,300 Operating income 4,200 (150) Interest income (expense), net 4,050 Income from continuing operations before income taxes 1,215 Income tax expense Income from continuing operations 2,835 Discontinued.operations Discontinued operations Income from operations of discontinued component 400 0 Income tax expense 120 520 Income from discontinued operations 3,355 Net income Earnings per share: Income from continuing operations 5.67 Income from discontinued operations $ 6.23 Net income