Esquire Inc uses the LIFO method to report its inventory. Inventory at January 1, 2021, was $792.000 (36,000 units at $22 each) During 2021, 112,000 units were purchased, all at the same price of $30 per unit 116,000 units were sold during 2021 Assuring an income tax rate of 25% what is LIFO liquidation profit or loss that the company would report in a disclosure note accompanying its financial statements? UFOdation profit