Unable to run UE5 in Monterey (v12.6.4)

Hi folks,

My Win 10 machine is down, and I want to be able to run Unreal Engine on my Mac for the time being (a 2020 MacBook Pro, with 16GB of RAM, a 2 GHz Quad-Core Intel Core i5 and Intel Iris Plus Graphics, 1536 MB). Unfortunately, I keep getting this error message:

Can't find Xcode install for Metal compiler. Please install Xcode and run Xcode.app to accept license or ensure active developer directory is set to current Xcode installation using xcode-select.

I've looked for an Xcode installation, and I apparently have something (I have all sorts of Xcode-related files, though I cannot find the Xcode.app this message is referring to).

Any ideas about what's going on or what I should do? I've already left a message in the Epic forums (over a week ago), but no one's responded.

Thanks!