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E4.8 ( LO2,3,4) (Income Statement, EPS) Presented below are selected ledger accounts of McGraw SA as of December 31, 2022. Instructions a. Compute net income

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E4.8 ( LO2,3,4) (Income Statement, EPS) Presented below are selected ledger accounts of McGraw SA as of December 31, 2022. Instructions a. Compute net income for 2022. b. Prepare a partial income statement beginning with income before income tax, and include appropriate earnings per share information. Assume 20,000 ordinary shares were outstanding during 2022

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