EXAM 2 -Chapters 17, 18 and 19 Sugarland Industries reported a net income of $670750 on December 3t, 2018. At the beginning of the year, the company had 20,000 common shares outstanding, On April 1, the company sold 22,200 shares for cash. On August 31, the company issued 38,400 additional shares as part of a merger. Required Compute Sugarland's net income that would produce a basic EPS of $1.60 per share for 2018 MacBook A 228 4 5 rol option command commandoptio