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Enabled: Chapter 09 GRADED Brief Exercis.. Saved HO Brief Exercise 9-2 (Algo) Lower of cost or net realizable value [LO9-1] SLR Corporation has 2,500 units of each of its two products in its year-end inventory. Per unit data for each of the products are as follows: Cost Selling price Coata to sell Product 1 $ 80 145 12 Product 2 $49 51 3 Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule is applied to individual products. What is the before tax income effect of the LCNRV adjustment? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule is applied to individual products, Product Cast NRV Per Unit Inventory Value Unit Cout Lower of Cost OF NRV 1 2 2,500 2,500 Cost Inventory value Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule individual products. What is the before-tax income effect of the LCNRV adjustment? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule is applied to individual products. Product Cost NRV Cost Lower of Cost or NRV 1 2 Per Unit Inventory Value Unit 2,500 2,500 Cost Inventory value Required 1 Required 2 > Cost Selling price Costo to soll Product 1 $ 80 145 11 Product 2 $49 51 3 Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule is applied individual products. What is the before-tax income effect of the LCNRV adjustment? 57.59 Complete this question by entering your answers in the tabs below. nces Required: Required 2 What is the before-tax income effect of the LCNRV adjustment? Before-tax income affect