SLR Corporation has 1,700 units of each of its two products in its year-end inventory. Per unit data for each of the products are as follows: Product 1 Product 2 Cost $ 64 $ 41 Selling price 105 43 Costs to sell 9 4 Determine the carrying value of SLRs 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?