Esquire Incorporated uses the LIFO method to report its inventory. Inventory at the beginning of the year was $572,000(26,000 units at $22 each). During the year, 92,000 units were purchased, all at the same price of $26 per unit. 96,000 units were sold during the year. Assuming an income tax rate of 25%, what is LIFO liquidation profit or loss that the company would report in a disclosure note accompanying its financial statements