The following Income statement items appeared on the adjusted trial balance of Schembrl Manufacturing Corporation for the year ended December 31, 2021 ($ In thousands: sales revenue, $15,300, cost of goods sold, $6,200; selling expenses, $1.300; general and adminlstrative expenses, $800; Interest revenue, $40: Interest expense, $180. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense tem appear in the ompany. Income statement every year. The company's controller, however, has asked for your help In determining the appropriate treatment of the following nonrecurring transactions that also occurred during 2021 ($ In thousands). All transactions are materlal In amount. 1. Investments were sold during the year at a loss of $250. Schembri also had an unrealized gain of $320 for the year on investments in debt securities that qualify as components of comprehensive income. 2. One of the company’s factories was closed during the year. Restructuring costs incurred were $1,500. 3. During the year, Schembri completed the sale of one of its operating divisions that qualifies as a component of the entity according to GAAP. The division had incurred a loss from operations of $600 in 2021 prior to the sale, and its assets were sold at a gain of $1,460. 4. In 2021, the company’s accountant discovered that depreciation expense in 2020 for the office building was understated by $230. 5. Negative foreign currency translation adjustment for the year totaled $280.Required:A. Prepare Schembri's single, continuous multiple-step statement of comprehenslve Income for 2021, Including earnings per share disclosures. One million shares of common stock were outstanding at the beginning of the year and an additional 400,000 shares were Issued on July 1. 2021. B. Prepare a separate statement of comprehenslve Income for 2021. SCHEMBRI MANUFACTURING CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2021 ($ in 000s) Sales revenue 15,300 Cost of goods sold 6,200 Gross profit 9,100 Selling expenses (1,300) General and administrative expenses (800) Restructuring costs (1,200) Total operating expenses 3,300Operating income 5,800Other income (expense): Interest expense $(180)Loss on sale of investments 220Interest revenue 85Other income, net (315) Income from continuing operations before income taxes 5,485 Income tax expense (2,194) Income from continuing operations 3,291 Discontinued operations Income on discontinued operations 0 Net income 3,291Other comprehensive income, net of taxComprehensive income 0Eamings per share 3,291 Net income