Instructions Compute earnings per share data as it should appear in the 2020 income statement of Shiga Naoya Cor- poration. (Round to two decimal places.) E4.14 (LO4) (Change in Accounting Principle) Tim Mattke Company began operations in 2018 and for simplicity reasons, adopted weighted average pricing for inventory. In 2020, in accordance with other companies in its industry, Mattke changed its inventory pricing to FIFO. The pretax income data is reported below. Weighted- Year Average FIFO 2018 $370,000 $395.000 390,000 430,000 410,000 450,000 2019 2020 Instructions a. What is Mattke's net income in 2020? Assume a 20% tax rate in all years. b. Compute the cumulative effect of the change in accounting principle from weighted average to FIFO inventory pricing. e. Show comparative income statements for Tim Mattke Company, beginning with income before in- come tax, as presented on the 2020 income statement