Esquire Incorporated uses the LIFO method to report its inventory. Inventory at the beginning of the year was $$484,000(22,000$ units at $$22$ each$).$ During the year, $84,000$ units were purchased, all at the same price of $$24$ per unit. $87,000$ 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?