Esquire Incorporated uses the L.IFO method to report its inventory Inventory at the beginning of the year wos $648.000 (27.000 units at $24 each). During the year, 94,000 units were purchased, all at the same price of $30 per unit. 97,000 units were sold during the year. Assuming an income tax rate of 25%, what is LIFO liquidation profit or loss that the company would repont in a disclosure note accompanying its financial statements