Exercise 108 (Algo) Calculate EPS and effect of stock split on EPS LO 109 During the year ended December 31, 2023, Gluco Incorporated split its stock on a 3-for-1 basis. In its annual report for 2022 , the firm reported net income of $974,500 for 2022 , with an average 282,500 shares of common stock outstanding for that year. There was no preferred stock. Required: a. What amount of net income for 2022 will be reported in Gluco's 2023 annual report? b. Calculate Gluco's earnings per share for 2022 that would have been reported in the 2022 annual report. Note: Round your answer to 2 decimal places. c. Calculate Gluco's earnings per share for 2022 that will be reported in the 2023 annual report for comparative purposes. Note: Round your answer to 2 decimal places