a The Churchill Corporation uses a periodic inventory system and the LIFO inventory cost method for its one product. Beginning inventory of 23.800 units consisted of the following listed in chronological order of acquisition: 13.900 units at a cost of $8.00 per unit = $111.200 9,900 units at a cost of $9.00 per unit = 89,100 During 2021, inventory quantity declined by 13.800 units. All units purchased during 2021 cost $12.00 per unit. Required: Calculate the before-tax LIFO liquidation profit or loss that the company would report in a disclosure note, assuming the amount determined is material. Answer is complete but not entirely correct. LIFO liquidation profit s 30,100