Answer:
A.Net income $5,155
 Earning per share :- 
Income from continuing operation	3.20
Income from discontinued operation	0.47	
Net income	3.67	
B. Comprehensive income $5,215
Explanation:
A. Preparation of statement of comprehensive income for 2021, including earnings per share disclosures
SCHEMBRI MANUFACTURING CORPORATION
Statement of Comprehensive Income
For the Year Ended December 31, 2021
($ in 000s)
Sales revenue $17,900
Cost of goods sold ($7,500)
Gross profit $10,400
Operating expenses: 
Selling expenses	($1,430)	
General and administrative expenses	($930)	
Restructuring costs	($1,600)	
Total operating expenses ($3,960)
Operating income $6,440
(10,400-3,960)
Other income (expenses):- 
Loss on sale of investment	$(350)	
Interest expenses	$(310)	
Interest revenue	$200	
Other income (expenses) $(460)
Income from continue operation before income tax $5,980
(6,440-460)
Income tax expenses (25%*5,980) $1,495
Income from continuing operations $4,485
(5,980-1,495)
Discontinued operation :- 
Income from operation of discontinued component (1,660-680)	$980	
Income tax expenses	$(310)	
Income from discontinued operation $670
(980-310)
Net income $5,155
(4,485+670)
Other comprehensive income (loss) 
Unrealized gain from investment,net of tax [460*(1-25%)]	$345	
Loss from foreign currency translation , net of tax [380*(1-25%)]	$(285)	
Total other comprehensive income $60
(345-285)
Comprehensive income $5,215
(5,155+60)
Earning per share :- 
Income from continuing operation	3.20
Income from discontinued operation	0.47	
Net income	3.67	
Workings for Earning per share 
Weighted average share = 1,000,000+(800,000/2) 
Weighted average share = 1,000000+400,000
Weighted average share = 1,400,000
Net income from continue operation = 4,485/1400 = 3.20
Net income from discontinued operation = 670/1400 = 0.47
2. Preparation of a separate statement of comprehensive income for 2021.
SCHEMBRI MANUFACTURING CORPORATION
Statement of comprehensive income
For the year ended December 31,2021
Net income $5,155
(4,485+670)
Other comprehensive income (loss) 
Unrealized gain from investment,net of tax [460*(1-25%)]	$345	
Loss from foreign currency translation , net of tax [380*(1-25%)]	$(285)	
Total other comprehensive income $60
(345-285)
Comprehensive income $5,215
(5,155+60)