SLR Corporation has 1,300 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 Coste to sell Product 1 $56 85 5 Product 2 337 39 4 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 Cost NRV Per Unit Inventory Value Unit Cost Lower of Cost or NRV 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 Per Unit Inventory Value Unit Cost Lower of Cost or NRV 1 2 1,300 1,300 Cost $ Inventory value 0 $ 0 Requr Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the before-tax income effect of the LCNRV adjustment? Before-tax income effect